Table of Contents

A Handbook of Transport Economics

A Handbook of Transport Economics

Elgar original reference

Edited by André de Palma, Robin Lindsey, Emile Quinet and Roger Vickerman

Bringing together insights and perspectives from close to 70 of the world’s leading experts in the field, this timely Handbook provides an up-to-date guide to the most recent and state-of-the-art advances in transport economics. The comprehensive coverage includes topics such as the relationship between transport and the spatial economy, recent advances in travel demand analysis, the external costs of transport, investment appraisal, pricing, equity issues, competition and regulation, the role of public–private partnerships and the development of policy in local bus services, rail, air and maritime transport.

Chapter 10: Activity-based Travel Demand Analysis

Abdul Rawoof Pinjari and Chandra R. Bhat

Subjects: economics and finance, transport, environment, transport, urban and regional studies, transport


Abdul Rawoof Pinjari and Chandra R. Bhat INTRODUCTION The primary focus of transportation planning, until the past three decades or so, was to meet long-term mobility needs by providing adequate transportation infrastructure supply. In such a supply-oriented planning process, the main role of travel demand models was to predict aggregate travel demand for long-term socio-economic scenarios, transport capacity characteristics and land-use configurations. Over the past three decades, however, because of escalating capital costs of new infrastructure and increasing concerns regarding traffic congestion and air-quality deterioration, the supply-oriented focus of transportation planning has expanded to include the objective of addressing accessibility needs and problems by managing travel demand within the available transportation supply. Consequently, there has been an increasing interest in travel demand management strategies, such as congestion pricing, that attempt to change transport service characteristics to influence individual travel behavior and control aggregate travel demand. The interest in analyzing the potential of travel demand management policies to manage travel demand, in turn, has led to a shift in the focus of travel demand modeling from the statistical prediction of aggregate-level long-term travel demand to understanding disaggregate-level (that is individual-level) behavioral responses to short-term demand management policies such as ridesharing incentives, congestion pricing and employer-based demand management schemes (alternate work schedules, telecommuting, and so forth). Individuals respond in complex ways to such changes in travel conditions. The limitation of the traditionally used statistically oriented trip-based travel modeling approach in capturing these complex individual responses has resulted in the development of behaviorally...

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