Demand elasticity estimation for a park & ride facility by means of discrete choice modelling
Park & ride facilities have been proposed as a solution for the traffic problem of large cities prevalent around the world. In this article we define them as large parking facilities located in the surroundings of the city, with the purpose of deterring commuters from using their cars in the...
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Escuela de Perfeccionamiento en Investigación Operativa
2018
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| Acceso en línea: | https://revistas.unc.edu.ar/index.php/epio/article/view/20271 |
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I10-R359-article-202712018-06-11T16:36:47Z Demand elasticity estimation for a park & ride facility by means of discrete choice modelling Picasso, Emilio Escobar, Mariano Bonoli Harris, Maria Stewart Peña, Gonzalo Mermoz, Osvaldo discrete choice park and ride demand estimation pricesensitivity elasticity Park & ride facilities have been proposed as a solution for the traffic problem of large cities prevalent around the world. In this article we define them as large parking facilities located in the surroundings of the city, with the purpose of deterring commuters from using their cars in the city centre. Building a park & ride facility requires a large investment. Demand estimation at various price levels is a critical input for the project evaluation.In a previous article (Picasso et al., 2012) we have modelled the demand for a park & ride facility in the north access to Buenos Aires city via discrete choice methods, determining its attractiveness for different segments of the target population. In this article we focus on the price sensitivity of demand. A predicting application was developed to estimate the demand at different price levels for a range of demographic characteristics. The value of time is also determined, by means of the compensated variation. Escuela de Perfeccionamiento en Investigación Operativa 2018-06-11 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion application/pdf https://revistas.unc.edu.ar/index.php/epio/article/view/20271 Revista de la Escuela de Perfeccionamiento en Investigación Operativa; Vol. 22 Núm. 35 (2014): Mayo; 167-185 1853-9777 0329-7322 eng https://revistas.unc.edu.ar/index.php/epio/article/view/20271/19928 |
| institution |
Universidad Nacional de Córdoba |
| institution_str |
I-10 |
| repository_str |
R-359 |
| container_title_str |
Revista de la Escuela de Perfeccionamiento en Investigación Operativa |
| language |
Inglés |
| format |
Artículo revista |
| topic |
discrete choice park and ride demand estimation pricesensitivity elasticity |
| spellingShingle |
discrete choice park and ride demand estimation pricesensitivity elasticity Picasso, Emilio Escobar, Mariano Bonoli Harris, Maria Stewart Peña, Gonzalo Mermoz, Osvaldo Demand elasticity estimation for a park & ride facility by means of discrete choice modelling |
| topic_facet |
discrete choice park and ride demand estimation pricesensitivity elasticity |
| author |
Picasso, Emilio Escobar, Mariano Bonoli Harris, Maria Stewart Peña, Gonzalo Mermoz, Osvaldo |
| author_facet |
Picasso, Emilio Escobar, Mariano Bonoli Harris, Maria Stewart Peña, Gonzalo Mermoz, Osvaldo |
| author_sort |
Picasso, Emilio |
| title |
Demand elasticity estimation for a park & ride facility by means of discrete choice modelling |
| title_short |
Demand elasticity estimation for a park & ride facility by means of discrete choice modelling |
| title_full |
Demand elasticity estimation for a park & ride facility by means of discrete choice modelling |
| title_fullStr |
Demand elasticity estimation for a park & ride facility by means of discrete choice modelling |
| title_full_unstemmed |
Demand elasticity estimation for a park & ride facility by means of discrete choice modelling |
| title_sort |
demand elasticity estimation for a park & ride facility by means of discrete choice modelling |
| description |
Park & ride facilities have been proposed as a solution for the traffic problem of large cities prevalent around the world. In this article we define them as large parking facilities located in the surroundings of the city, with the purpose of deterring commuters from using their cars in the city centre. Building a park & ride facility requires a large investment. Demand estimation at various price levels is a critical input for the project evaluation.In a previous article (Picasso et al., 2012) we have modelled the demand for a park & ride facility in the north access to Buenos Aires city via discrete choice methods, determining its attractiveness for different segments of the target population. In this article we focus on the price sensitivity of demand. A predicting application was developed to estimate the demand at different price levels for a range of demographic characteristics. The value of time is also determined, by means of the compensated variation. |
| publisher |
Escuela de Perfeccionamiento en Investigación Operativa |
| publishDate |
2018 |
| url |
https://revistas.unc.edu.ar/index.php/epio/article/view/20271 |
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2024-09-03T22:23:12Z |
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