Mode split and the value of travel time.

Author(s)
McGillivray, R.G.
Year
Abstract

The modal split problem is characterized as a perfect substitutes model of consumer choice. It is shown that, in the discrete choice case, a broad range of indeterminacy exists unless a value of time function is assumed or estimated. Several alternative estimation procedures for mode split and the value of time are summarized. For two cases the relationships between the fitted model, the value of time and traveler benefits are indicated.

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Publication

Library number
B 3185 T /71/
Source

Transportation Research, Vol. 6 (1972), No. 4 (December), p. 309- 316, 4 fig., 16 ref.

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