Question: Multinomial Choice Models [ 2 1 ] A multinomial logit model with three alternatives ( drive - alone, shared - ride, and transit ) has
Multinomial Choice Models
A multinomial logit model with three alternatives drivealone, sharedride, and transit has been developed for forecasting mode choice for hometowork commute trips. The utility functions have been estimated to be the following:
Where,
is the utility for the drive alone mode
is the utility for the shared ride mode
is the utility for the transit mode
Cost is the cost for mode
Time is the travel time by mode
WalkTime is the walk time associated with transit mode
LongDist if the commute trip is long distance, otherwise
The urban region has four types of commuters classified based on the commute distance and the available modes. The transportation levelofservice characteristics for each of the four types of commuters are presented below.
tableType Type Type Type Modes available,DASRTRDASRTRDA and SRDA and SRCommute distance,short,long,short,longCost DATime DACost SRTime SRCost TRNANATime TRNANAWalk time,NANA
a Compute the money value of travel time VOTT for a traveler for this commute trip using the above empirical specification.
b For each type of commuter, compute the probability of choosing each of the available modes
c The urban region has commuters of type commuters of type commuters of type and commuters of type Determine
i The total number of persontrips hometowork commute trips by car and by transit in the urban area.
ii The number of vehicle trips by car Assume that the average occupancy of sharedride trips is
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