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The severity of road congestion not only depends on the relation between traffic volumes and network capacity, but also on the distribution of car traffic among different time periods during the day. A new error components logit model for the joint choice of time of day and mode is presented,...
Persistent link: https://www.econbiz.de/10009202202
This paper provides a review of transport model applications that not only provide a central traffic forecast (or forecasts for a few scenarios), but also quantify the uncertainty in the traffic forecasts in the form of a confidence interval or related measures. Both uncertainty that results...
Persistent link: https://www.econbiz.de/10005722848
Transport infrastructure projects in The Netherlands are appraised ex ante by using cost-benefit analysis (CBA) procedures following the so-called 'OEI-guidelines'. The project benefits for travellers are incorporated in the form of changes in demand (e.g. from the Dutch national model system,...
Persistent link: https://www.econbiz.de/10011324463
The logsum is a measure of consumer surplus in the context of logit choice models. In spite of the very frequent use of logit models in transport, project assessment is only rarely done using logsums. Instead in project evaluation or appraisal, changes in transport costs and time (borrowing...
Persistent link: https://www.econbiz.de/10005236000
Persistent link: https://www.econbiz.de/10006879838
Transport infrastructure projects in The Netherlands are appraised ex ante by using cost-benefit analysis (CBA) procedures following the so-called ‘OEI-guidelines’. The project benefits for travellers are incorporated in the form of changes in demand (e.g. from the Dutch national model...
Persistent link: https://www.econbiz.de/10005817777
Car ownership models found in the academic literature (with a focus on the recent literature and on models developed for transport planning) are classified into a number of model types. The different model types are compared on a number of criteria: inclusion of demand and supply side of the car...
Persistent link: https://www.econbiz.de/10010620316
Persistent link: https://www.econbiz.de/10001166930
The calibration of choice models produces a set of parameter estimates and an associated covariance matrix, usually based on maximum likelihood estimation. However, in many cases, the values of interest to analysts are in fact functions of these parameters rather than the parameters themselves....
Persistent link: https://www.econbiz.de/10010574820
Persistent link: https://www.econbiz.de/10003897655