MODE SPLIT AND THE VALUE OF TRAVEL TIME

THE MODAL SPLIT PROBLEM IS CHARACTERIZED AS A PERFECT SUBSTITUTE MODEL OF CONSUMER CHOICE. IT IS SHOWN THAT, IN THE DISCRETE CHOICE CASE, A BROAD RANGE OF INDETERMINACY EXISTS UNLESS A VALUE OF TIME FUNCTION IS ASSUMED OR ESTIMATED. SEVERAL ALTERNATIVE ESTIMATION PROCEDURES FOR MODE SPLIT AND THE VALUE OF TIME ARE SUMMARIZED. FOR TWO CASES THE RELATIONSHIPS BETWEEN THE FITTED MODEL, THE VALUE OF TIME AND TRAVELER BENEFITS ARE INDICATED. (A)

  • Authors:
    • McGillivray, R G
  • Publication Date: 1972-12

Language

  • English

Media Info

  • Features: Figures; References;
  • Pagination: p. 309-16
  • Serial:

Subject/Index Terms

Filing Info

  • Accession Number: 00228543
  • Record Type: Publication
  • Source Agency: Transport and Road Research Laboratory (TRRL)
  • Files: ITRD, TRIS
  • Created Date: Jul 31 1974 12:00AM