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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: http://cowles.yale.edu/sites/default/files/files/pub/d04/d0474.pdf
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    2. Lahiri, Kajal & Gao, Jian, 2002. "Bayesian analysis of nested logit model by Markov chain Monte Carlo," Journal of Econometrics, Elsevier, vol. 111(1), pages 103-133, November.
    3. Gil-Molto, Maria Jose & Hole, Arne Risa, 2004. "Tests for the consistency of three-level nested logit models with utility maximization," Economics Letters, Elsevier, vol. 85(1), pages 133-137, October.
    4. Kurt Schwabe & Peter Schuhmann & Roy Boyd & Khosrow Doroodian, 2001. "The Value of Changes in Deer Season Length: An Application of the Nested Multinomial Logit Model," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 19(2), pages 131-147, June.
    5. repec:gam:jsusta:v:10:y:2018:i:10:p:3623-:d:174744 is not listed on IDEAS
    6. Huybers, Twan & Louviere, Jordan & Islam, Towhidul, 2015. "What determines student satisfaction with university subjects? A choice-based approach," Journal of choice modelling, Elsevier, vol. 17(C), pages 52-65.
    7. Carolyn Heinrich & Jeffrey Wenger, 2002. "The Economic Contributions of James J. Heckman and Daniel L. McFadden," Review of Political Economy, Taylor & Francis Journals, vol. 14(1), pages 69-89.
    8. repec:eee:cysrev:v:94:y:2018:i:c:p:378-389 is not listed on IDEAS
    9. Mackenzie, Lesego & Mburu, John & Irungu, Patrick, 2017. "Analysis Of Household Choice And Determinants Of Livelihood Diversification Activities In Chobe District, Botswana," Dissertations and Theses 269268, University of Nairobi, Department of Agricultural Economics.
    10. Shen, Qing & Chen, Peng & Pan, Haixiao, 2016. "Factors affecting car ownership and mode choice in rail transit-supported suburbs of a large Chinese city," Transportation Research Part A: Policy and Practice, Elsevier, vol. 94(C), pages 31-44.
    11. Ye Feng & Don Fullerton & Li Gan, 2013. "Vehicle choices, miles driven, and pollution policies," Journal of Regulatory Economics, Springer, vol. 44(1), pages 4-29, August.
    12. Bridget Terry Long, 2003. "The Impact of Federal Tax Credits for Higher Education Expenses," NBER Working Papers 9553, National Bureau of Economic Research, Inc.
    13. Bridget Terry Long, 2004. "Does the Format of a Financial Aid Program Matter? The Effect of State In-Kind Tuition Subsidies," The Review of Economics and Statistics, MIT Press, vol. 86(3), pages 767-782, August.
    14. Marta Fernández-Olmos & Jorge Rosell-Martínez & Manuel A. Espitia-Escuer, 2009. "Vertical integration in the wine industry: a transaction costs analysis on the Rioja DOCa," Agribusiness, John Wiley & Sons, Ltd., vol. 25(2), pages 231-250.
    15. Toshiaki Sasao, 2016. "Econometric analysis of cleanup of illegal dumping sites in Japan: removal or remedial actions?," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 18(4), pages 485-497, October.
    16. repec:eee:transb:v:104:y:2017:i:c:p:667-685 is not listed on IDEAS
    17. Andrew Copus & Dimitris Skuras & Kyriaki Tsegenidi, 2006. "Innovation and Peripherality: A Comparative Study in Six EU Member Countries," ERSA conference papers ersa06p295, European Regional Science Association.
    18. Arne R. Hole & Felix R. FitzRoy, 2003. "Commuting in small towns in rural areas: the case of St Andrews," Urban/Regional 0312001, University Library of Munich, Germany, revised 12 Apr 2004.
    19. Joel L. Horowitz & N. E. Savin, 2001. "Binary Response Models: Logits, Probits and Semiparametrics," Journal of Economic Perspectives, American Economic Association, vol. 15(4), pages 43-56, Fall.
    20. Junyi Shen & Yusuke Sakata & Yoshizo Hashimoto, 2006. "A Comparison between Latent Class Model and Mixed Logit Model for Transport Mode Choice: Evidences from Two Datasets of Japan," Discussion Papers in Economics and Business 06-05, Osaka University, Graduate School of Economics.

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