Question: Problem 4 : A simple mode choice model has been estimated for work trips in a small urban area to determine the probabilities of travelers

Problem 4: A simple mode choice model has been estimated for work trips in a small urban area to determine the probabilities of travelers selecting various modes. Mode choices are Drive alone (DL), automobile shared ride (SR), Bus (B)
The utility functions are:
UDL=2.2-0.2(CDL)-0.03(ttDL)
USR=0.8-0.2(costsRR)-0.03( travel timesR )
UB=-0.2(CB)-0.01(ttB)
Where C= cost in $ and tt= travel time in minutes
There are 4,000 travelers in the peak hour departing for work. The shared ride option is always split between two travelers. How many workers take each mode?
\table[[Mode,\table[[Cost],[($)
Problem 4 : A simple mode choice model has been

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Civil Engineering Questions!