Choice Modelling

Choice Modelling

The State of the Art and the State of Practice

Edited by Stephane Hess and Andrew Daly

Choice modelling has been one of the most active fields in economics over recent years. This valuable new book contains leading contributions from academics and practitioners from across the different areas of study where choice modelling is a key analytical technique, drawn from a recent international conference.

Chapter 13: Choice models of travel demand in practice: current trends, problems and welcome research directions

Peter Vovsha

Subjects: economics and finance, valuation, environment, valuation

Extract

The chapter contains an overview of some new choice model structures applied in practice, primarily in the framework of regional travel models including a growing number of activity-based models (ABMs). The focus of the chapter is on the new choice dimensions, associated techniques and problems, and possible research directions that would be welcome from the practical perspective.

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