A Theoretical Model for Measuring the Influence of Accessibility in Residential Choice Behaviour
AbstractDue to the renewed interest for Integrated Land-use and Transport models, the urge for sound models that describe the behaviour of the agents on the urban markets has grown. A preferred subject of study within this context is the empirical research into the influence of accessibility on the residential choice behaviour of households. However, despite of the effort of several researchers, this relationship seems hard to quantify. In this paper we present a theoretical design for a discrete choice model of the residential choice of households. From the existing knowledge from a literature review and new insights, we present a new approach for measuring the influence of accessibility on the residential choice process. This theoretical model exists of three main parts, namely: the unique information of households, the arrangement of households into certain destination groups and composing systematic choice sets to estimate a discrete choice model. Within this framework, an important role is set aside for the concept of subjective accessibility, being the individuals perception and utility of accessibility. Finally, we derived a Logit model that is able to combine the simultaneous influence of migration distance and commuting time.
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Bibliographic InfoPaper provided by European Regional Science Association in its series ERSA conference papers with number ersa04p185.
Date of creation: Aug 2004
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This paper has been announced in the following NEP Reports:
- NEP-ALL-2005-10-15 (All new papers)
- NEP-DCM-2005-10-15 (Discrete Choice Models)
- NEP-URE-2005-10-15 (Urban & Real Estate Economics)
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