Discrete Choice Modelling: Basic Principles and Application to Parking Policy Assessment

Harmen Oppewal and Harry Timmermans

Chapter 6 in Regional Science in Business, 2001, pp 97-114 from Springer

Abstract: Abstract The prediction of the spatial distribution of consumer demand constitutes an important step in the planning and strategic decision making processes of businesses and government alike. For example, the planning of service facilities is largely determined by how many facilities are required as a function of population growth or other indicators of demand. Similarly, when entering new spatial markets, businesses will assess the market potential as reflected by the potential demand in the market and the strength and position of their competitors. Hence, information concerning spatial demand allows businesses and governments to assess their plans in terms of indicators such as market shares, turnover, and feasibility.

Keywords: Discrete Choice; Transport Mode; Choice Probability; Shopping Centre; Discrete Choice Model (search for similar items in EconPapers)
Date: 2001
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DOI: 10.1007/978-3-662-04625-8_6

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