Showing 1 - 5 of 5
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