A FULLY DISAGGREGATE MODE-CHOICE MODEL FOR BUSINESS INTERCITY TRAVEL
A mode-choice specification for intercity business travel is developed based on a multinomial logit structure. Unlike most earlier models, the new model is derived from a fully disaggregate data base and takes into account the buying power of the individual traveler and the trip length. Preliminary tests indicate that the proposed model performs up to 66 percent better than the best of the existing. Policy analysis suggests that bus companies could expect a 58 percent increase in business-trip fare revenue by moderately reducing travel time and fare. No substantial impact on air revenue is expected from implementing similar policies in air travel. (Author/TRRL)
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Availability:
- Find a library where document is available. Order URL: http://worldcat.org/oclc/1767712
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Corporate Authors:
GORDON AND BREACH SCIENCE PUB.
AMSTERDAM:
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Authors:
- STEPHANEDES, Y J
- Kumar, V
- Padmanabhan, B
- Publication Date: 1984
Media Info
- Features: References; Tables;
- Pagination: p. 13-23
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Serial:
- Transportation Planning and Technology
- Volume: 9
- Issue Number: 1
- Publisher: Taylor & Francis
- ISSN: 0308-1060
- Serial URL: https://www.tandfonline.com/toc/gtpt20/current
Subject/Index Terms
- TRT Terms: Aircraft; Automobiles; Bus transportation; Buses; Business trips; Costs; Disaggregate analysis; Fares; Impact studies; Income; Intercity transportation; Intercity travel; Length; Logits; Mathematical models; Modal split; Mode choice; Multinomial logits; Policy; Public transit; Revenues; Tariffs; Transportation modes; Travel; Travel time; Trip length
- Uncontrolled Terms: Selection
- Geographic Terms: United States
- Old TRIS Terms: Disaggregate models; Modal selection
- ITRD Terms: 1258: Aircraft; 1272: Bus; 1243: Car; 224: Cost; 256: Income; 388: Inter urban; 698: Journey; 6488: Length; 6473: Mathematical model; 675: Modal split; 173: Policy; 744: Public transport; 9072: Selection; 241: Tariff; 1145: Transport mode; 8122: USA
- Subject Areas: Aviation; Finance; Highways; Motor Carriers; Operations and Traffic Management; Planning and Forecasting; Policy; Public Transportation; Vehicles and Equipment; I71: Traffic Theory; I72: Traffic and Transport Planning;
Filing Info
- Accession Number: 00390279
- Record Type: Publication
- Source Agency: Transport Research Laboratory
- Report/Paper Numbers: ANALYTIC
- Files: ITRD, TRIS
- Created Date: Dec 30 1984 12:00AM