Disaggregate Behavioral Travel Demand's RUM Side A 30-Year Retrospective
Daniel McFadden
Abstract
Daniel McFadden
Abstract
This resource paper is intended to give a historical account of the development of the methodology of disaggregate behavioral travel demand analysis and its connection to random utility maximization (RUM). It reviews the early development of the subject, and major methodological innovations over the past three decades in choice theory, data collection, and statistical tools. It concludes by identifying some topics and issues that deserve more work, and fearlessly forecasting the future course of research in the field.
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This resource paper is intended to give a historical account of the development of the methodology of disaggregate behavioral travel demand analysis and its connection to random utility maximization (RUM). It reviews the early development of the subject, and major methodological innovations over the past three decades in choice theory, data collection, and statistical tools. It concludes by identifying some topics and issues that deserve more work, and fearlessly forecasting the future course of research in the field.
Key concepts: Demand side, Utility maximization, Subject (documents), Work (physics), Demand forecasting, Travel behavior, Maximization, Resource (disambiguation)