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Title: A random-parameter (mixed logit) model to explain why more households in Dhaka city are deciding to purchase cars in recent years
Accession Number: 01506615
Record Type: Component
Availability: Transportation Research Board Business Office 500 Fifth Street, NW Abstract: This research represents a random parameter binary logit model exploring factors behind the car purchase decision of the household in Dhaka city who never had a car before. Results show the effects of different variables related to cost, safety, and transit (bus) availability on the stated car purchase decision. Major conclusion from the model is that, lack of proper bus service, reliability highly affects the car purchase decision. The elasticity values illustrate the importance of reforming and improving bus service in Dhaka, which can reduce the probability of purchasing new car decision. Further, results indicate several demographics (gender, homeownership), perception of safety have effects on the stated car purchase decisions.
Supplemental Notes: This paper was sponsored by TRB committee ABE90 Transportation in the Developing Countries. Alternate title: Use of Random-Parameter Mixed Logit Model to Explore Car Purchase Decision in Dhaka City, Bangladesh.
Monograph Title: Monograph Accession #: 01503729
Report/Paper Numbers: 14-1140
Language: English
Corporate Authors: Transportation Research Board 500 Fifth Street, NW Authors: Aziz, H M AbdulMomtaz, Salah UddinPagination: 18p
Publication Date: 2014
Conference:
Transportation Research Board 93rd Annual Meeting
Location:
Washington DC Media Type: Digital/other
Features: Figures; References; Tables
TRT Terms: Geographic Terms: Subject Areas: Highways; Planning and Forecasting; Society; Vehicles and Equipment; I72: Traffic and Transport Planning; I90: Vehicles
Source Data: Transportation Research Board Annual Meeting 2014 Paper #14-1140
Files: TRIS, TRB, ATRI
Created Date: Jan 27 2014 2:27PM
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