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A model for time- and budget-constrained activity demand analysis

Listed author(s):
  • Kockelman, Kara Maria
Registered author(s):

    This paper describes and demonstrates the derivation of a system of demands for activity participation by applying microeconomic theory in a time-price setting. Both time and money constraints are incorporated explicitly and the integer nature of demand observations is accommodated via a multivariate negative binomial stochastic specification. A model based on this theory is calibrated, providing estimates of income, discretionary-time, and cross-time elasticities. The results reject a constant travel time hypothesis but do not reject a hypothesis of no income effects on total activity participation.

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    File URL: http://www.sciencedirect.com/science/article/pii/S0191-2615(99)00050-8
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    Article provided by Elsevier in its journal Transportation Research Part B: Methodological.

    Volume (Year): 35 (2001)
    Issue (Month): 3 (March)
    Pages: 255-269

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    Handle: RePEc:eee:transb:v:35:y:2001:i:3:p:255-269
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    1. Kockelman, Kara M., 1998. "A Utility-Theory-Consistent System-of-Demand-Equations Approach to Household Travel Choice," University of California Transportation Center, Working Papers qt3h67j2p2, University of California Transportation Center.
    2. Deaton, Angus, 1987. "Estimation of own- and cross-price elasticities from household survey data," Journal of Econometrics, Elsevier, vol. 36(1-2), pages 7-30.
    3. Caves, Douglas W & Christensen, Laurits R, 1980. "Global Properties of Flexible Functional Forms," American Economic Review, American Economic Association, vol. 70(3), pages 422-432, June.
    4. D Damm & S R Lerman, 1981. "A Theory of Activity Scheduling Behavior," Environment and Planning A, , vol. 13(6), pages 703-718, June.
    5. Pollak, Robert A & Wales, Terence J, 1980. "Comparison of the Quadratic Expenditure System and Translog Demand Systems with Alternative Specifications of Demographic Effects," Econometrica, Econometric Society, vol. 48(3), pages 595-612, April.
    6. Golob, Thomas F. & McNally, Michael G., 1997. "A model of activity participation and travel interactions between household heads," Transportation Research Part B: Methodological, Elsevier, vol. 31(3), pages 177-194, June.
    7. Christensen, Laurits R & Jorgenson, Dale W & Lau, Lawrence J, 1975. "Transcendental Logarithmic Utility Functions," American Economic Review, American Economic Association, vol. 65(3), pages 367-383, June.
    8. Bhat, Chandra R., 1998. "Accommodating flexible substitution patterns in multi-dimensional choice modeling: formulation and application to travel mode and departure time choice," Transportation Research Part B: Methodological, Elsevier, vol. 32(7), pages 455-466, September.
    9. Kockelman, Kara Maria, 1998. "A Utility-Theory-Consistem System-of-Demand-Equations Approach to Household Travel Choice," University of California Transportation Center, Working Papers qt06x0k5r4, University of California Transportation Center.
    10. D Damm & S R Lerman, 1981. "A theory of activity scheduling behavior," Environment and Planning A, Pion Ltd, London, vol. 13(6), pages 703-718, June.
    11. Kitamura, Ryuichi, 1984. "A model of daily time allocation to discretionary out-of-home activities and trips," Transportation Research Part B: Methodological, Elsevier, vol. 18(3), pages 255-266, June.
    12. Recker, W. W., 1995. "The household activity pattern problem: General formulation and solution," Transportation Research Part B: Methodological, Elsevier, vol. 29(1), pages 61-77, February.
    13. Golob, Thomas F. & Beckmann, Martin J. & Zahavi, Yacov, 1981. "A utility-theory travel demand model incorporating travel budgets," Transportation Research Part B: Methodological, Elsevier, vol. 15(6), pages 375-389, December.
    14. Lau, Lawrence J., 1986. "Functional forms in econometric model building," Handbook of Econometrics,in: Z. Griliches† & M. D. Intriligator (ed.), Handbook of Econometrics, edition 1, volume 3, chapter 26, pages 1515-1566 Elsevier.
    15. Pollak, Robert A & Wales, Terence J, 1978. "Estimation of Complete Demand Systems from Household Budget Data: The Linear and Quadratic Expenditure Systems," American Economic Review, American Economic Association, vol. 68(3), pages 348-359, June.
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