A Behavioral Approach to Modelling Household Motor Vehicle Ownership and Applications to Aggregate Policy Analysis
M Ben-Akiva,
Charles Manski and
L Sherman
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M Ben-Akiva: Department of Civil Engineering and Center for Transportation Studies, Massachusetts Institute of Technology, Cambridge, Mass, USA
L Sherman: Transportation and Economics Center, Booz, Allen and Hamilton, Inc, Cambridge, Mass, USA
Environment and Planning A, 1981, vol. 13, issue 4, 399-411
Abstract:
A unified approach to the modelling of household motor vehicle ownership level, consumption of vehicle holdings, and vehicle use is described. The model system is founded on a utility theory of household behavior, and is implemented through probabilistic discrete choice models estimated from cross-sectional samples of households. Following the introduction of the model, an application involving forecasts of US motor vehicle sales through the mid-1980s is presented.
Date: 1981
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Persistent link: https://EconPapers.repec.org/RePEc:sae:envira:v:13:y:1981:i:4:p:399-411
DOI: 10.1068/a130399
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