An integrated model of vehicle transactions, activity scheduling and mode choice

Matthew J. Roorda, Juan Carrasco and Eric J. Miller

Transportation Research Part B: Methodological, 2009, vol. 43, issue 2, 217-229

Abstract: An integrated model of vehicle transactions, activity scheduling and mode choice is estimated based on a retrospective vehicle transaction survey in the Toronto Area. First a conceptual framework is presented which links long run decisions of automobile transactions with short run decisions of activity participation, travel and mode choice. The concept of activity/travel stress is introduced to represent the difference between household activity/travel with the current vehicle fleet and that associated with alternative fleets due to purchase or disposal of a vehicle. The concept of stress is operationalized with a utility-based formulation in which two measures of activity/travel stress are simulated for each household, mode choice utility gained by making a vehicle transaction, and the change in number of conflicts experienced in the household over a limited number of vehicles. These measures are simulated with multiple replications of an activity-based microsimulation model of activity scheduling and mode choice that explicitly represents household interactions of vehicle allocation, ridesharing and drop-off/pick-up of household members. The empirical analysis indicates, for both stress measures, an asymmetry associated with vehicle transactions. Households increase their activity/travel stress far more by disposing of a vehicle, than they alleviate stress by purchasing a vehicle. A nested logit vehicle transaction model shows that both measures of stress are moderately significant influences on vehicle transactions.

Keywords: Auto; ownership; Vehicle; transactions; Activity; scheduling; Mode; choice; Stress; Household; interactions (search for similar items in EconPapers)
Date: 2009
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (30)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0191-2615(08)00062-3
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:transb:v:43:y:2009:i:2:p:217-229

Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/supportfaq.cws_home/regional
https://shop.elsevie ... _01_ooc_1&version=01

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
Bibliographic data for series maintained by Catherine Liu ().