Showing 1 - 10 of 10
This paper emphasizes the existence of a difference among demand functions, which describe how consumers react, supply functions, which analyze the behavior of suppliers, and cost functions, which specify how prices and levels of service on a link or in a network vary with vehicle flows,...
Persistent link: https://www.econbiz.de/10005191537
We develop an algorithm for solving regression models with Box-Cox transformations on both the dependent and independent variables, while simultaneously taking into account corrections for serial correlation of several orders and for heteroscedasticity. The latter correction is of a general form...
Persistent link: https://www.econbiz.de/10005279847
In this study, we use a first-order spatial autoregressive formulation to model the correlation among the errors of a linear demand equation that explains origin-destination flows. The process splits the error term for each observation into a weighted sum of all the other errors and a purely...
Persistent link: https://www.econbiz.de/10005228207
This paper compares dogit and logit specifications of market share models, taking into account the possibility that conclusions might depend on transformations of the explanatory variables of these models. Parameter estimates are obtained both for a time-series urban transit mode of payment...
Persistent link: https://www.econbiz.de/10005228223
We compare values of time obtained with linear utility functions used in LOGIT and HIERARCHICAL LOGIT specifications of a nine-mode passenger choice model estimated with disaggregate data from Santiago, Chile, and find that they are sensitive to the specification used, unconvincingly high, and...
Persistent link: https://www.econbiz.de/10005228262
This article puts forward the view that, for each transportation planning or management problem, there is a particular way to simultaneously define the multiple levels of procedures useful for the problem and set it in its proper perspective, the latter essentially by the identification of what...
Persistent link: https://www.econbiz.de/10005279831
We have shown that nonlinearity of the representative utility functions of the Logit model applied to an intercity mode choice model implied the presence of asymmetry and of thresholds in the response curve, as well as results that had more reasonable properties (diminishing marginal values of...
Persistent link: https://www.econbiz.de/10005279936
This paper illustrates and extends our previous conceptual framework for the description of the components and interactions of transportation systems. The framework, which made use of the notions of procedure (or mapping) and steady state equilibrium, previously comprised demand, performance and...
Persistent link: https://www.econbiz.de/10005228203
This paper presents an integrated conceptual framework for the description of the components and interactions of transportation systems. The abstraction presented makes use of the notions of procedures (mappings) and steady-state equilibria. Key elements of the conceptual framework include...
Persistent link: https://www.econbiz.de/10005115105
Persistent link: https://www.econbiz.de/10005115216