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The paper reports on an attempt to analyse individual travelling behaviour by discrete choice models. It shows that among the socio-economic variables 'income (of household)' is the variable which influences the decision whether a trip is taken at all whereas 'age' seems to be the most important...
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Within the framework of a microeconomic model of leisure demand, the determinants of German tourists' decisions whether to spend vacation at all, which activities to pursue, and which travel destination to choose are investigated empirically. Three-stage nested multinomial logit models are...
Persistent link: https://www.econbiz.de/10009742167
The focus of this paper is on the microeconometric analysis of spatial choice in a cross section. Nested multinomial logit models are used to analyze the determi-nants of individual choice among destinations and vacation activities. Cramer and Ridder's likelihood ratio test for pooled...
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