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Title: QUANTIFYING THE EXPLANATORY POWER OF MOBILITY-RELATED ATTRIBUTES IN EXPLAINING VEHICLE OWNERSHIP DECISIONS
Authors: Astegiano, Paola ×
Akinc, Deniz
Himpe, Willem
Tampère, Chris
Vandebroek, Martina #
Issue Date: 2017
Publisher: Elsevier BV
Series Title: Research in Transportation Economics vol:2017 pages:1-10
Abstract: This paper focuses on showing the explanatory power of mobility-related attributes in explaining vehicle ownership decisions. Compared to the state of the art, in which socio-demographic information are usually employed as explanatory variables to explain vehicle ownership decisions, we highlight how the ownership of a mode of transport is influenced by the quality of travel offered by this mode for serving one’s activity pattern. In order to implement this approach we employ a two-level model, in which we first estimate the mode choice for performing a set of activities and then we use the results of the mode choice calibration to estimate an ownership model. This model can help us in understanding the conditions under which people would fundamentally reconsider their modal choices, in order to investigate the potential of stimulating sustainable transport modes. Even more relevant is the case in which new alternatives are offered in this case a purely descriptive model (e.g. just statistics on how many people own a car, seasonal ticket, etc.) is no longer sufficient and we need an explanatory model fully capable of endogenizing this choice, based on the perceived quality this new alternative would offer to the traveller.
ISSN: 0739-8859
Publication status: published
KU Leuven publication type: IT
Appears in Collections:Centre for Industrial Management / Traffic & Infrastructure
Research Center for Operations Research and Business Statistics (ORSTAT), Leuven
× corresponding author
# (joint) last author

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