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Discrete Choice Modelling: Basic Principles and Application to Parking Policy Assessment

In: Regional Science in Business

Author

Listed:
  • Harmen Oppewal
  • Harry Timmermans

Abstract

The prediction of the spatial distribution of consumer demand constitutes an important step in the planning and strategic decision making processes of businesses and government alike. For example, the planning of service facilities is largely determined by how many facilities are required as a function of population growth or other indicators of demand. Similarly, when entering new spatial markets, businesses will assess the market potential as reflected by the potential demand in the market and the strength and position of their competitors. Hence, information concerning spatial demand allows businesses and governments to assess their plans in terms of indicators such as market shares, turnover, and feasibility.

Suggested Citation

  • Harmen Oppewal & Harry Timmermans, 2001. "Discrete Choice Modelling: Basic Principles and Application to Parking Policy Assessment," Advances in Spatial Science, in: Graham Clarke & Moss Madden (ed.), Regional Science in Business, chapter 6, pages 97-114, Springer.
    • Handle: RePEc:spr:adspcp:978-3-662-04625-8_6
    DOI: 10.1007/978-3-662-04625-8_6
    as

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