 Towards a dynamic discrete-choice model of household automobile fleet size and compositionDavid Hensher and Vicki Le Plastrier Transportation Research Part B: Methodological, 1985, vol. 19, issue 6, 481-495 Abstract: The emphasis on energy consumption in studies of traveller behaviour has led to increased interest in the development of policy sensitive models of automobile demand. In recognition of the fuller dimensions of automobile demand, a number of studies have considered choice amongst types of automobiles as well as number of automobiles. With rare exception, existing studies have concentrated on either type choice or number choice. In all instances the approach has been static. This paper develops a series of linked discrete-choice models to explain household automobile holdings (type and number) and adjustments in the holdings over time. The empirical study is part of an initial data effort leading up to the development of a full scale longitudinal panel of Sydney households. A model system based on a retrospective panel of 354 households, interviewed in 1980, is reported herein. The model is dynamic in the sense that it allows for prior decisions, brand loyalty and the costs of transacting. Date: 1985 Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:transb:v:19:y:1985:i:6:p:481-495 Ordering information: This journal article can be ordered from Access Statistics for this article Transportation Research Part B: Methodological is currently edited by Fred Mannering More articles in Transportation Research Part B: Methodological from Elsevier |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.