ALLOCATION IN TRANSPORTATION MODELLING WITH RESPECT TO LIMITED TIME AND MONEY BUDGETS: A NEW MODELLING TECHNIQUE

The paper presents a new modelling technique of time allocation in transportation, which accounts for limited amounts of time and money, available for travel. The theory of flexible budgets, as introduced by Golob et al (1981) and Downes and Emmerson (1985), is transformed into a mathematical formulation of transportation planning models. This utility maximisation approach is used, where the utility of undertaking an activity is dependent on the type, duration and location (in terms of travel distance) of that activity. (A) For the covering abstract of the conference see IRRD 871553.

Language

  • English

Media Info

  • Features: References;
  • Pagination: p. 921-36

Subject/Index Terms

Filing Info

  • Accession Number: 00712293
  • Record Type: Publication
  • Source Agency: Institute for Road Safety Research, SWOV
  • Files: ITRD
  • Created Date: Oct 24 1995 12:00AM