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Modeling Heterogeneity in Trip-distributions with Partial Information

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Author Info
Jörnsten, Kurt () (Dept. of Finance and Management Science, Norwegian School of Economics and Business Administration)
Kleppe, Gisle () (Stord/Haugesund University College)
Thorsen, Inge () (Stord/Haugesund University College)
Ubøe, Jan () (Dept. of Finance and Management Science, Norwegian School of Economics and Business Administration)
Abstract

In this paper we propose a modified gravity model that takes into account that a population generally consists of heterogeneous groups, and we suggest a new statistical test for heterogeneity. We apply our new model to two real world data sets, and it turns out that this new model fits the data surpricingly well. Not only is the effect of heterogeneity strongly significant, the model also provides far better fits than traditional trip-distribution models on these particular data sets.

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Publisher Info
Paper provided by Department of Finance and Management Science, Norwegian School of Economics and Business Administration in its series Discussion Papers with number 2007/23.

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Length: 25 pages
Date of creation: 08 Oct 2007
Date of revision:
Handle: RePEc:hhs:nhhfms:2007_023

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Postal: NHH, Department of Finance and Management Science, Helleveien 30, N-5045 Bergen, Norway
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Related research
Keywords: Commuting; heterogeneous preferences; cost efficiency; partial information;

Find related papers by JEL classification:
R23 - Urban, Rural, and Regional Economics - - Household Analysis - - - Regional Migration; Regional Labor Markets; Population
R41 - Urban, Rural, and Regional Economics - - Transportation Systems - - - Transportation: Demand, Supply, and Congestion

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References listed on IDEAS
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  1. Jörnsten, Kurt & Ubøe, Jan, 2005. "Efficient Statistical Equilibria in Markets," Discussion Papers 2005/2, Department of Finance and Management Science, Norwegian School of Economics and Business Administration. [Downloadable!]
  2. Gitlesen, Jens Petter & Kleppe, Gisle & Thorsen, Inge & Ubøe, Jan, 2006. "An empirically based implementation and evaluation of a network model for commuting flows," Discussion Papers 2006/4, Department of Finance and Management Science, Norwegian School of Economics and Business Administration. [Downloadable!]
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This page was last updated on 2009-12-22.

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