The origins and recent history of disaggregate demand analysis
David A. Hensher
Abstract
David A. Hensher
Abstract
A systematic presentation of the aggregate and disaggregate prescriptions for model construction is compared with distinction between assumptions with sequential and simultaneous choice making behaviour. A number of the better known models are categorised in this way, and the development of binary choice logit models in assessing individual utility in travel behaviour is given.
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A systematic presentation of the aggregate and disaggregate prescriptions for model construction is compared with distinction between assumptions with sequential and simultaneous choice making behaviour. A number of the better known models are categorised in this way, and the development of binary choice logit models in assessing individual utility in travel behaviour is given.
Key concepts: Logit, Aggregate (composite), Econometrics, Presentation (obstetrics), Economics, Discrete choice, Computer science, Radiology