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A fully updated second edition of this popular introduction to applied choice analysis, written for graduate students, researchers, professionals and consultants.
Originally published in 1979, this study deals on a fully comprehensive level with both passenger and freight travel. The 40 chapters deal with an extensive range of related topics, including equilibrium modelling, theoretical and conceptual developments in demand modelling, goods movement and forecasting and policy. It outlines approaches to understanding travel behaviour, which move beyond the individual choice theory towards a broader consideration of activities.
This synthesis report will be of interest to transportation agency planners; design, construction, and maintenance engineers; and administrators, managers, economists, and other decisionmakers involved in programming highway pavement projects. This synthesis describes current practice with regard to road user and mitigation costs in highway pavement projects. Information for the synthesis was collected by surveying U.S. and Canadian transportation agencies and by conducting a literature search of both domestic and foreign publications. This report of the Transportation Research Board provides detailed information on the various methods employed by transportation agencies to estimate user costs. The advantages and disadvantages of each are reported. Information on the various components of user costs (that is, time related, vehicle operating, safety, and environmental costs) is also included. In addition, the study reports on the various mitigation strategies available to agencies to reduce user costs. Information is also provided on how user costs and mitigation strategies have been applied to evaluate different alternatives; and how uncertainties, political considerations, and quality control contribute to the decisionmaking process.
This thoroughly revised second edition Handbook provides an authoritative and in-depth overview of choice modelling, covering essential topics range from data collection through model specification and estimation to analysis and use of results. It aptly emphasises the broad relevance of choice modelling when applied to a multitude of fields, including but not limited to transport, marketing, health and environmental economics.
Understanding and predicting the behaviour of decision makers when choosing among discrete goods has been one of the most fruitful areas of applied research over the last thirty years. An understanding of individual consumer behaviour can lead to significant changes in product or service design, pricing strategy, distribution channel and communication strategy selection, as well as public welfare analysis. This graduate and practitioner guide, first published in 2000, deals with the study and prediction of consumer choice behaviour, concentrating on stated preference (SP) methods - placing decision makers in controlled experiments that yield hypothetical choices - rather than revealed preferences (RP) - actual choices in the market. It shows how SP methods can be implemented, from experimental design to econometric modelling, and suggests how to combine RP and SP data to get the best from each type. The book also presents an update of econometric approaches to choice modelling.