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Public Transportation in Cartagena, Colombia: Understanding Preferences Using Discrete Choice Models

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  • Daniel Toro Gonzalez

Abstract

This paper revisits the data set collected by Toro, Alvis and Arellano (2005) in order to evaluate three main models in transportation: probit, conditional logit, and the nested logit. The results show that the advantages of other transportation modes over buses are their lower travel and waiting times. Additionally, it was found that a traveler facing equal times and costs would prefer bus rather than other alternatives.

Suggested Citation

  • Daniel Toro Gonzalez, 2013. "Public Transportation in Cartagena, Colombia: Understanding Preferences Using Discrete Choice Models," Revista Economía y Región, Universidad Tecnológica de Bolívar, vol. 7(1), pages 125-138.
    • Handle: RePEc:col:000411:011079
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    File URL: https://revistas.utb.edu.co/index.php/economiayregion/article/view/43
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    References listed on IDEAS

    as
    1. Cameron,A. Colin & Trivedi,Pravin K., 2005. "Microeconometrics," Cambridge Books, Cambridge University Press, number 9780521848053, January.
    2. F. Berkhout, 1999. "Essay," Energy & Environment, , vol. 10(2), pages 209-212, March.
    3. Lave, Charles A, 1970. "The Demand for Urban Mass Transportation," The Review of Economics and Statistics, MIT Press, vol. 52(3), pages 320-323, August.
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    JEL classification:

    • C25 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions; Probabilities
    • D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
    • R41 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Transportation: Demand, Supply, and Congestion; Travel Time; Safety and Accidents; Transportation Noise

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