|
Title: Empirical Investigation of Continuous Logit for Departure Time Choice with Bayesian Methods
Accession Number: 01155139
Record Type: Component
Record URL: Availability: Transportation Research Board Business Office 500 Fifth Street, NW Find a library where document is available Abstract: Numerous models of travel timing have been calibrated and reported in the literature. Some studies have treated time as a discrete variable by using familiar discrete choice methods, whereas others have treated time in a continuous fashion. Both approaches offer distinct advantages. Here a continuous logit model of work tour departure time choice is estimated; this model offers the advantage of a continuous-time response. A random utility maximization structure is used to capitalize on the key advantages of both main approaches to the modeling of travel timing. Bayesian techniques are used to estimate model parameters, and estimation results suggest a variety of predictive densities for departure times across different individuals. In addition, ordinary least squares regression models are used to estimate travel times and their variance across times of day for the auto and transit modes. These network variables are used to inform estimation of the continuous logit model of departure time. The results are meaningful for multiple applications, and the continuous logit can readily be extended to a two-dimensional choice construct, such that the departure and return times can be modeled simultaneously. In addition, Bayesian estimation techniques allow for the utility function to take any number of forms, which may offer greater predictive ability.
Monograph Title: Monograph Accession #: 01220491
Report/Paper Numbers: 10-1380
Language: English
Authors: Lemp, Jason DKockelman, Kara MPagination: pp 59-68
Publication Date: 2010
ISBN: 9780309142977
Media Type: Print
Features: Figures
(3)
; References
(34)
; Tables
(3)
TRT Terms: Uncontrolled Terms: Subject Areas: Highways; Planning and Forecasting; Public Transportation; I72: Traffic and Transport Planning
Files: TRIS, TRB, ATRI
Created Date: Jan 25 2010 10:37AM
More Articles from this Serial Issue:
|