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This study presents a joint model system of residential location and activity time-use choices that considers a comprehensive set of activity-travel environment (ATE) variables, as well as socio-demographic variables, as determinants of individual weekday activity time-use choices. The model...
Persistent link: https://www.econbiz.de/10005022869
The interplay between congestion and crowding externalities in the design of urban bus systems is identified and analysed. A multimodal social welfare maximisation model with spatially disaggregated demand is developed, in which users choose between travelling by bus, car or walking in a...
Persistent link: https://www.econbiz.de/10010753662
There is growing interest in establishing the extent of differences in willingness to pay (WTP) for attributes, such as travel time savings, that are derived from real market settings and hypothetical (to varying degrees) settings. Non-experiment external validity tests involving observation of...
Persistent link: https://www.econbiz.de/10008488159
With the growing reliance on Stated Choice (SC) data, researchers are increasingly interested in understanding how respondents process the information presented to them in such surveys. Specifically, it has been argued that some respondents may simplify the choice tasks by consistently ignoring...
Persistent link: https://www.econbiz.de/10008488166
When a "new" alternative is introduced, post-estimation, into a logit model, analysis initially exclude an ASC or occasionally assume a correspondence with an existing alternative. Using a recent data set for mode and route choice, the paper highlights the forecasting implications of ignoring...
Persistent link: https://www.econbiz.de/10005052544
The multinomial logit model (MNL) has for many years provided the fundamental platform for the analysis of discrete choice. The basic model's several shortcomings, most notably its inherent assumption of independence from irrelevant alternatives have motivated researchers to develop a variety of...
Persistent link: https://www.econbiz.de/10005052557
The nested logit model is currently the preferred extension to the simple multinomial logit (MNL) discrete choice model. The appeal of the nested logit model is its ability to accommodate differential degrees of interdependence (i.e., similarity) between subsets of alternatives in a choice set....
Persistent link: https://www.econbiz.de/10005191459
Discrete choice (DC) models are commonly used as basic building blocks in ‘bottom-up’ models which seek to describe consumer and producer behaviour at a disaggregate level, in contrast to continuous demand (CD) models which are used to describe behaviour at a more aggregate level. At a...
Persistent link: https://www.econbiz.de/10010591906