Mixed logit modelling of airport choice in multi-airport regions
Stephane Hess and
John W. Polak
Journal of Air Transport Management, 2005, vol. 11, issue 2, 59-68
Abstract:
This paper presents an analysis of the choice of airport by air travellers departing from the San Francisco Bay (SF-B) area. The analysis uses the mixed multinomial logit model, which allows for a random distribution of tastes across decision makers. To our knowledge, this is the first application using this model form in the analysis of airport choice. The results indicate that there is significant heterogeneity in tastes, especially with respect to the sensitivity to access time, characterised by deterministic variations between groups of travellers (business/leisure, residents/visitors) as well as random variations within groups of travellers. The analysis reinforces earlier findings showing that business travellers are far less sensitive to fare increases than leisure travellers, and are willing to pay a higher price for decreases in access time (and generally also increases in frequency) than is the case for leisure travellers. Finally, the results show that the random variation between business travellers in terms of sensitivity to access time is more pronounced than that between leisure travellers, as is the case for visitors when compared to residents.
Date: 2005
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (95)
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0969699704000560
Full text for ScienceDirect subscribers only
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:eee:jaitra:v:11:y:2005:i:2:p:59-68
DOI: 10.1016/j.jairtraman.2004.09.001
Access Statistics for this article
Journal of Air Transport Management is currently edited by Anne Graham
More articles in Journal of Air Transport Management from Elsevier
Bibliographic data for series maintained by Catherine Liu ().