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This article reports the results of student vacation travel choice analysis using a reference dependent model of airline fare preferences. Findings suggests, as expected, that the preferences/utility decreases with increasing levels of cost. The evaluation of the airfare, however, becomes...
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This paper presents a formal model of traveler compliance with different types of advice (or guidance, prescriptive information) based on the premises of Bayesian expected utility decision-making. The developed model explains a traveler's propensity to comply with received advice in terms of the...
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Traffic, accessibility, employment location conditions, economic aspects, land-use policies among others are some factors that influence the location decisions of office firms. As a multidimensional decision making process, elements for supporting real-estate managers and planners in such...
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In the second term of 2006 Jakarta, the capital city of Indonesia, experienced the largest retail growth in the Asian Pacific region. With more than 130 commercials venues in 2010, the growth of Jakartaís shopping centers is not only reflected in numbers but also in their physical size. In...
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In this paper we develop and explore an approach to estimate dynamic models of activity generation on one-day travel-diary data. Dynamic models predict multi-day activity patterns of individuals taking into account dynamic needs as well as day-varying preferences and time-budgets. We formulate...
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