Showing 1 - 10 of 15
This paper considers the path choice problem, formulating and discussing an econometric random utility model for the choice of path in a network with no restriction on the choice set. Starting from a dynamic specification of link choices we show that it is equivalent to a static model of the...
Persistent link: https://www.econbiz.de/10011111084
In the car type choice models, alternatives are usually grouped into categories by some of their main characteristics such as make, model, vintage, body type and/or fuel type. Each of these categories contains different versions of the cars that are usually not recognized in the applied...
Persistent link: https://www.econbiz.de/10011166106
We propose a route choice model that relaxes the independence from irrelevant alternatives property of the logit model by allowing scale parameters to be link specific. Similar to the the recursive logit (RL) model proposed by Fosgerau et al. (2013), the choice of path is modelled as a sequence...
Persistent link: https://www.econbiz.de/10011210488
This paper considers the path choice problem, formulating and discussing an econometric random utility model for the choice of path in a network with no restriction on the choice set. Starting from a dynamic specification of link choices we show that it is equivalent to a static model of the...
Persistent link: https://www.econbiz.de/10010762019
Real-time traffic information is increasingly available to support route choice decisions by reducing the travel time uncertainty. However it is likely that a traveler cannot assess all available information on all alternative routes due to time constraints and limited cognitive capacity. This...
Persistent link: https://www.econbiz.de/10009292588
This paper considers the path choice problem, formulating and discussing an econometric random utility model for the choice of path in a network with no restriction on the choice set. Starting from a dynamic specification of link choices we show that it is equivalent to a static model of the...
Persistent link: https://www.econbiz.de/10010703231
The main aim of this paper is to measure the social welfare loss for a continuous moral hazard model when a set of minimal assumptions are fulfilled. By using a new approach, we are able to reproduce the results of Balmaceda, Balseiro, Correa, and Stier-Moses (2010) pertaining to the social...
Persistent link: https://www.econbiz.de/10011264306
This paper addresses a network pricing problem where users are assigned to the paths of a transportation network according to a mixed logit model, i.e., price sensitivity varies across the user population. For its solution, we propose algorithms based on combinatorial approximations, and show...
Persistent link: https://www.econbiz.de/10010896523
We study urban traffic equilibrium involving three classes of agents: car users, bus users or passengers and bus operators. A partially unregulated transit system is assumed, where bus fares are exogenously determined by municipal or transportation authorities, but bus operators are allowed to...
Persistent link: https://www.econbiz.de/10005228291
Persistent link: https://www.econbiz.de/10005229485