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Simultaneous modeling of individuals’ duration and expenditure decisions in out-of-home leisure activities

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  • Dane, Gamze
  • Arentze, Theo A.
  • Timmermans, Harry J.P.
  • Ettema, Dick

Abstract

In this paper, we propose an activity model under time and budget constraints to simultaneously predict the allocation of time and money to out-of-home leisure activities. The proposed framework considers the activity episode level, given that the activity is scheduled. Thus, the model considers the decision of the quantities for duration and expenditure spent during the activity. We use a flexible utility function and show how the simultaneous equations can be estimated by using structural equations model (SEM) estimation techniques to handle the endogeneity problem of time and expenditure. The estimation results are based on a large national leisure diary data set collected in 2008 in the Netherlands, which provides detailed information about time and money spent as well as timing and location attributes of the activities. The analysis reveals that socio-demographics, travel party, timing and location variables influence the duration and expenditure of activity episodes. It shows that various socio-demographic groups display different preferences in terms of the time and money spent on activities. The results also indicate substitution relationships between spending more time and money for various activity categories. Thus it is concluded that the analysis provides useful results for a better understanding of combined time and money allocation decisions for leisure activities.

Suggested Citation

  • Dane, Gamze & Arentze, Theo A. & Timmermans, Harry J.P. & Ettema, Dick, 2014. "Simultaneous modeling of individuals’ duration and expenditure decisions in out-of-home leisure activities," Transportation Research Part A: Policy and Practice, Elsevier, vol. 70(C), pages 93-103.
  • Handle: RePEc:eee:transa:v:70:y:2014:i:c:p:93-103
    DOI: 10.1016/j.tra.2014.10.003
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    References listed on IDEAS

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    9. Jara-Díaz, Sergio R. & Munizaga, Marcela A. & Greeven, Paulina & Guerra, Reinaldo & Axhausen, Kay, 2008. "Estimating the value of leisure from a time allocation model," Transportation Research Part B: Methodological, Elsevier, vol. 42(10), pages 946-957, December.
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    Cited by:

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    4. Cheng, Wen & Gill, Gurdiljot Singh & Sakrani, Taha & Ralls, Dennis & Jia, Xudong, 2018. "Modeling the endogeneity of lane-mean speeds and lane-speed deviations using a Bayesian structural equations approach with spatial correlation," Transportation Research Part A: Policy and Practice, Elsevier, vol. 116(C), pages 220-231.
    5. Chunguang Liu & Xinyu Zuo & Xiaoning Gu & Mengru Shao & Chao Chen, 2023. "Activity Duration under the COVID-19 Pandemic: A Comparative Analysis among Different Urbanized Areas Using a Hazard-Based Duration Model," Sustainability, MDPI, vol. 15(12), pages 1-28, June.
    6. Song Liu & Lin-Lin Xue, 2022. "How to Promote Balanced and Healthy Development of Residents’ Leisure: Based on the Analysis on the Spatiotemporal Evolution of the Scale Structure of Leisure Consumption of Urban Residents in China," Sustainability, MDPI, vol. 14(22), pages 1-15, November.
    7. Chih-Wen Yang & Cheng-Lung (Richard) Wu & Jin-Long Lu, 2021. "Exploring the interdependency and determinants of tourism participation, expenditure, and duration: An analysis of Taiwanese citizens traveling abroad," Tourism Economics, , vol. 27(4), pages 649-669, June.

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