Fr. 135.00

Cost-Minimizing Choice Behavior in Transportation Planning - A Theoretical Framework for Logit Models

English · Paperback / Softback

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In the Administration building at Linkopi ¨ ng University we have one of Oscar Reutersvard' ¨ s "Impossible Figures" in three dimensions. I call it "Perspectives of Science". When viewed from a speci c point in space there is order and structure in the 3-dimensional gure. When viewed from other points there is disorder and no structure. If a speci c scienti c paradigm is used, there is order and structure; otherwise there is disorder and no structure. My perspective in Transportation Science has focused on understanding the mathematical structure and the logic underlying the choice probability models in common use. My book with N. F. Stewart on the Gravity model (Erlander and Stewart 1990), was written in this perspective. The present book stems from the same desire to understand underlying assumptions and structure. It investigateshow far a new way of de ning Cost-Minimizing Behavior can take us.Itturnsoutthatall commonlyusedchoiceprobabilitydistributionsoflogittype- log linear probability functions - follow from cost-minimizing behavior de ned in the new way. In addition some new nested models appear.

List of contents

1 Logit Models for Spatial Interaction - Background.- 2 Empirical and Policy Relevance of the New Paradigm.- 3 Behavioral Foundations of Spatial Interaction Models.- Part I: Cost-Minimizing Behavior - Contant Link Costs.- 4 Logit Models for Discrete Choice.- 5 Some Particular Logit Models.- 6 Welfare, Benefit and Freedom of Choice.- 7 Graphical Tests of Cost-Minimizing Behavior in Logit Models.- Part II Equilibrium.- 8 Equilibrium.- 9 Appendix.- References

Summary

In the Administration building at Linkopi ¨ ng University we have one of Oscar Reutersvard’ ¨ s “Impossible Figures” in three dimensions. I call it “Perspectives of Science”. When viewed from a speci c point in space there is order and structure in the 3-dimensional gure. When viewed from other points there is disorder and no structure. If a speci c scienti c paradigm is used, there is order and structure; otherwise there is disorder and no structure. My perspective in Transportation Science has focused on understanding the mathematical structure and the logic underlying the choice probability models in common use. My book with N. F. Stewart on the Gravity model (Erlander and Stewart 1990), was written in this perspective. The present book stems from the same desire to understand underlying assumptions and structure. It investigateshow far a new way of de ning Cost-Minimizing Behavior can take us.Itturnsoutthatall commonlyusedchoiceprobabilitydistributionsoflogittype– log linear probability functions – follow from cost-minimizing behavior de ned in the new way. In addition some new nested models appear.

Product details

Authors Sven B Erlander, Sven B. Erlander
Publisher Springer, Berlin
 
Languages English
Product format Paperback / Softback
Released 04.07.2012
 
EAN 9783642263651
ISBN 978-3-642-26365-1
No. of pages 160
Dimensions 173 mm x 236 mm x 12 mm
Weight 265 g
Illustrations XII, 160 p. 6 illus.
Series Advances in Spatial Science
Advances in Spatial Science
Subjects Social sciences, law, business > Business > Economics

Operations Research, B, Economics and Finance, Regional Studies, Regional/Spatial Science, Management & management techniques, Regional and Spatial Economics, regional economics, Operations Research, Management Science, Management science, Operational research, Spatial economics, Econometrics & economic statistics, Econometrics

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