Theoretical Foundations of Travel Choice Modeling

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Product Details
19 Aug 1998
Emerald Group Publishing Limited
510 pages - 178 x 254 x 26mm


This volume fulfills a long-felt need for a single text which documents the theoretical foundations of travel choice modeling. With contributions from a good cross-section of the leading researchers in the field, the work provides a valuable reference which will be of lasting interest and value. Divided into three parts, Microeconomic Theory, Behavioral Decision Theory and Statistical Theory, the book extends approaches to travel choice modeling beyond the consumer theory developed in economics by applying theories from the fields of geography, psychology and statistics and in doing so addresses two fundamental questions: what are the theoretical foundations of travel choice modeling and what should they be? Containing twenty specially commissioned chapters, this book represents the latest and best thinking in this rapidly expanding field. Activity-based and dynamic approaches are fast emerging as the state-of-the-art in transport modeling and are replacing trip-based models. This book tackles the key theoretical foundations that underpin these new approaches by asking: are there developments in traditional microeconomic theory which make it usable? Is behavioral decision theory a more appropriate theoretical foundation? Which are the statistical data analytical issues in each case and how can they be solved?
Theoretical foundations of travel choice modeling: an introduction (T. Garling et al.). Microeconomic Theory. Individual and collective decision making: application to travel choice (A. de Palma). Time and income in travel choice: towards a microeconomic activity-based theoretical framework (S.R. Jara-Diaz). Extending valuation to controlled value functions and non-uniform scaling with generalized unobserved variances (D.A. Hensher). The end of equilibrium (P. Goodwin). Microeconomic theory: a commentatory (S. Algers). Behavioral Decision Theory. The perspective from behavioural decision theory on modeling travel choice (O. Svenson). Travel choice in congestions: modeling and research needs (E. Stern). Bounded rationality in commuter decision dynamics: incorporating trip chaining in departure time and route switching decisions (H.S. Mahmassani, Rong-Chang Jou). Time in travel choice modeling: from relative obscurity to center stage (E.I. Pas). Two computational process models of activity-travel choice (Ryuichi Kitamura, Satoshi Fujii). Information representation for driver decision support systems (Mei-Po Kwan et al.). Can we ever obtain the data we would like to have? (K.W. Axhausen). Behavioral decision theory: problems and prospects (J. Polak). Statistical Theory. Measuring willingness-to-pay for transportation improvements (D. McFadden). A model of household choice of activity participation and mobility (T.F. Golob). Household travel surveys: new perspectives and old problems (P.R Stopher). Multiple imputation methodology for missing data, non-random response, and panel attritition (D. Brownstone). Forecasting demand for new travel alternatives (A. Daly, C. Rohr). Statistical theory: summary and future research possibilities (C. Bhat). Subject index. Name index.

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