Showing 1 - 10 of 11
There is still a long way to achieve the goal of providing a theoretical and empirical framework to model and apply economics of the family. Decision-making within the family has been neglected too long in transportation. Two special issues by Bhat and Pendyala, 2005 and by Timmermans and Junyi...
Persistent link: https://www.econbiz.de/10010638977
The effect of an individual-specific measure of accessibility to jobs is analyzed using a three-level nested logit model of residential location, workplace, and job type choice. This measure takes into account the attractiveness of different job types when the workplace choice is anticipated in...
Persistent link: https://www.econbiz.de/10010899354
A three-level nested logit model for the choice of residential location, workplace, and type of employment is used to assess the effect of an individual-specific measure of accessibility to employments that takes into account the attractiveness of different occupations when the choice of...
Persistent link: https://www.econbiz.de/10010899447
We review the literature on household decision-making in economics as well as in transportation and urban economics. This literature starts with Gary Becker in Economics, 30 years ago, and has recently been introduced to study specific questions related to space. We consider two examples:...
Persistent link: https://www.econbiz.de/10010899569
Residential location decision is often a household joint decision involving several decision-makers. These different decision-makers usually have diverging preferences, especially in dual-earner households, when spouses work at different locations. Since about half a century, literature on...
Persistent link: https://www.econbiz.de/10010899936
There is still a long way to achieve the goal of providing a theoretical and empirical framework to model and apply economics of the family. Decision-making within the family has been neglected too long in transportation. Two special issues by Bhat and Pendyala, 2005 [17] and by Timmermans and...
Persistent link: https://www.econbiz.de/10010821318
Information about traffic conditions has traditionally been conveyed to drivers by radio and variable message signs, and more recently via the Internet and Advanced Traveler Information Systems. This has spurred research on how travelers respond to information, how much they are willing to pay...
Persistent link: https://www.econbiz.de/10008793408
We extend the monocentric model by considering a discrete number of accessible mass transit stations. Households combine two modes for their daily home-to-work trip: a first mode for terminal access to stations and a second (long haul) mode which consists in radial mass transit axes. The urban...
Persistent link: https://www.econbiz.de/10008793763
La directive européenne MiFID du 1er novembre 2007, mise en application en France par l'AMF, a trouvé récemment (et en particulier depuis la crise financière) de nouveaux éléments de justification. Sa mise en place soulève néanmoins des questions méthodologiques (encore largement...
Persistent link: https://www.econbiz.de/10008793958
This paper presents a methodology to determine the preferences of an individual facing risk in the framework of (non)-expected utility theory. When individual preference satisfies a given invariance property, his utility function is solution of a functional equation associated to a specific...
Persistent link: https://www.econbiz.de/10008793988