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Quantitative Methods for Analyzing Travel Behaviour of Individuals: Some Recent Developments

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  • Daniel McFadden

Abstract

This paper is concerned with quantitative methods for the analysis of travel behaviour of individuals. It reviews some of the recent developments in model specification, estimation, model evaluation and testing, and aggregation and forecasting. Topics in model specification include the multinomial probit model and its computation, and generalized extreme value models and their relation to sequential models. Topics in estimation methods include the use of choice-based samples, sample designs, and incomplete choice sets. Model evaluation topics include prediction success tables and diagnostic tests of specification. Aggregation and forecasting topics include aggregation by the Clark method, synthesis of the distribution of explanatory variables, and the calculus of demand elasticities.

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File URL: http://cowles.econ.yale.edu/P/cd/d04b/d0474.pdf
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Bibliographic Info

Paper provided by Cowles Foundation for Research in Economics, Yale University in its series Cowles Foundation Discussion Papers with number 474.

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Length: 47 pages
Date of creation: 1977
Date of revision:
Publication status: Published in D. Hensher and P. Stopher (eds.), Behavioural Travel Modelling, Croom Helm, 1978, pp. 279-318
Handle: RePEc:cwl:cwldpp:474

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Web page: http://cowles.econ.yale.edu/
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Postal: Cowles Foundation, Yale University, Box 208281, New Haven, CT 06520-8281 USA

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Cited by:
  1. Kurt Schwabe & Peter Schuhmann & Roy Boyd & Khosrow Doroodian, 2001. "The Value of Changes in Deer Season Length: An Application of the Nested Multinomial Logit Model," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 19(2), pages 131-147, June.
  2. Gil-Molto, Maria Jose & Hole, Arne Risa, 2004. "Tests for the consistency of three-level nested logit models with utility maximization," Economics Letters, Elsevier, vol. 85(1), pages 133-137, October.
  3. Kajal Lahiri & Jian Gao, 2001. "Bayesian Analysis of Nested Logit Model by Markov Chain Monte Carlo," Discussion Papers 01-14, University at Albany, SUNY, Department of Economics.
  4. Carolyn Heinrich & Jeffrey Wenger, 2002. "The Economic Contributions of James J. Heckman and Daniel L. McFadden," Review of Political Economy, Taylor & Francis Journals, vol. 14(1), pages 69-89.
  5. Bridget Terry Long, 2004. "Does the Format of a Financial Aid Program Matter? The Effect of State In-Kind Tuition Subsidies," The Review of Economics and Statistics, MIT Press, vol. 86(3), pages 767-782, August.
  6. Arne R. Hole & Felix R. FitzRoy, 2003. "Commuting in small towns in rural areas: the case of St Andrews," Urban/Regional 0312001, EconWPA, revised 12 Apr 2004.
  7. Andrew Copus & Dimitris Skuras & Kyriaki Tsegenidi, 2006. "Innovation and Peripherality: A Comparative Study in Six EU Member Countries," ERSA conference papers ersa06p295, European Regional Science Association.
  8. Junyi Shen & Yusuke Sakata & Yoshizo Hashimoto, 2006. "A Comparison between Latent Class Model and Mixed Logit Model for Transport Mode Choice: Evidences from Two Datasets of Japan," Discussion Papers in Economics and Business 06-05, Osaka University, Graduate School of Economics and Osaka School of International Public Policy (OSIPP).
  9. Marta Fernández-Olmos & Jorge Rosell-Mart�nez & Manuel A. Espitia-Escuer, 2009. "Vertical integration in the wine industry: a transaction costs analysis on the Rioja DOCa," Agribusiness, John Wiley & Sons, Ltd., vol. 25(2), pages 231-250.
  10. Bridget Terry Long, 2003. "The Impact of Federal Tax Credits for Higher Education Expenses," NBER Working Papers 9553, National Bureau of Economic Research, Inc.
  11. Joel L. Horowitz & N. E. Savin, 2001. "Binary Response Models: Logits, Probits and Semiparametrics," Journal of Economic Perspectives, American Economic Association, vol. 15(4), pages 43-56, Fall.
  12. Ye Feng & Don Fullerton & Li Gan, 2005. "Vehicle Choices, Miles Driven, and Pollution Policies," NBER Working Papers 11553, National Bureau of Economic Research, Inc.

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