THE APPLICATION OF AN ELIMINATION-BY-ASPECTS MODEL TO RESIDENTIAL LOCATION CHOICE

The choice of residential location is characterised by the existence of many alternatives, each described in terms of many attributes. In such a complex choice situation, it is entirely plausible that a decision-maker may attempt to simplify the choice such that a decision is made before all attributes have been considered. This paper describes the development of a model which explicitly accounts for this type of behaviour. The theory behind the model, known as an elimination-by-aspects model, is discussed and its extension to allow for use of maximum likelihood estimation procedures is described. The model is then calibrated using a data set of 716 observations of residential location behaviour in Melbourne. Statistical testing of the model and its estimated tolerances shows that the model explains a high proportion of variance in the data set. Split sample model calibration and cross-prediction demonstrates high stability in the calibrated models and tolerances. Finally, choice elasticities are calculated and are shown to yield highly non-linear effects with different percentage changes in attribute satisfaction. It is concluded that the model should, with continued development, provide a useful input to informed policy advice in the area of residential location choice. (Author/TRRL)

• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/issn/01562126
• Corporate Authors:

  Monash University

  Wellington Road
  Clayton, Victoria  Australia  3800
• Authors:
  • YOUNG, W
  • Richardson, A J
• Publication Date: 1981-7

Media Info

• Features: Figures; References; Tables;
• Pagination: 25 p.
• Serial:
  • CIVIL ENGINEERING WORKING PAPER
  • Issue Number: 81/9
  • Publisher: Monash University
  • ISSN: 0156-2126

Subject/Index Terms

• TRT Terms: Calibration; Decision making; Dwellings; Engineering tolerance; Location; Mathematical models; Nonlinear systems; Policy; Residential areas; Residential location; Variance
• Uncontrolled Terms: Nonlinearity; Selecting; Selection
• Geographic Terms: Australia
• Old TRIS Terms: Tolerances
• ITRD Terms: 308: Dwelling; 9061: Location; 6473: Mathematical model; 307: Residential area; 9072: Selection
• Subject Areas: Highways; Planning and Forecasting; Policy; Terminals and Facilities; I72: Traffic and Transport Planning;

Filing Info

• Accession Number: 00361630
• Record Type: Publication
• Source Agency: ARRB
• Report/Paper Numbers: Monograph
• Files: ITRD, TRIS, ATRI
• Created Date: Jul 30 1982 12:00AM