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Quantitative Methods for Analyzing Travel Behaviour of Individuals: Some Recent Developments

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  • Daniel McFadden

Abstract

This paper is concerned with quantitative methods for the analysis of travel behaviour of individuals. It reviews some of the recent developments in model specification, estimation, model evaluation and testing, and aggregation and forecasting. Topics in model specification include the multinomial probit model and its computation, and generalized extreme value models and their relation to sequential models. Topics in estimation methods include the use of choice-based samples, sample designs, and incomplete choice sets. Model evaluation topics include prediction success tables and diagnostic tests of specification. Aggregation and forecasting topics include aggregation by the Clark method, synthesis of the distribution of explanatory variables, and the calculus of demand elasticities.

Suggested Citation

  • Daniel McFadden, 1977. "Quantitative Methods for Analyzing Travel Behaviour of Individuals: Some Recent Developments," Cowles Foundation Discussion Papers 474, Cowles Foundation for Research in Economics, Yale University.
  • Handle: RePEc:cwl:cwldpp:474
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    File URL: https://cowles.yale.edu/sites/default/files/files/pub/d04/d0474.pdf
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