Public Transportation in Cartagena, Colombia: Understanding Preferences Using Discrete Choice Models

Daniel Toro González ()

Revista Economía y Región, 2013, vol. 7, issue 1, 125-138

Abstract: This paper revisits the data set collected by Toro, Alvis and Arellano (2005) in order to evaluate three main models in transportation: probit, conditional logit, and the nested logit. The results show that the advantages of other transportation modes over buses are their lower travel and waiting times. Additionally, it was found that a traveler facing equal times and costs would prefer bus rather than other alternatives.

Keywords: Cartagena; Colombia; transportation; discrete choice models; multinomials; conditional; logit; probit (search for similar items in EconPapers)
JEL-codes: C25 D12 R41 (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:col:000411:011079

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