Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/192426 
Authors: 
Year of Publication: 
2006
Series/Report no.: 
Discussion Papers No. 444
Publisher: 
Statistics Norway, Research Department, Oslo
Abstract: 
This paper analyzes travelers' choice behavior by using data from a stated preference survey on work-trip mode choice in Shanghai. Several versions of a multinomial choice model are specified and estimated. According to the estimation results the utility function with money cost divided by income adjusted by an equivalence scale is chosen as the preferred model. Based on the estimation results from the preferred model, value of time, elasticities of aggregate mode choice with respect to income, cost, travel and waiting time, are computed. The conditional elasticities given low, middle and high adjusted income levels are calculated and discussed as well. The results obtained may be useful for transportation policy makers in Shanghai.
Subjects: 
work-trip mode choice
stated preference survey
multinomial choice model
choice probability and elasticity
JEL: 
C25
C42
C52
R41
Document Type: 
Working Paper

Files in This Item:
File
Size
280.64 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.