A dynamic discrete-continuous choice model of car ownership and usage
2013 (English)In: Proceedings of the 13th Swiss Transport Research Conference, 2013, 1-13 p.Conference paper (Refereed)
In this paper we present the methodologicalframework of adynamic discrete-continuouschoicemodel (DDCCM)of car ownership, usage and fuel type. The approach consistsof embeddinga discrete-continuous choice model into adynamic programming (DP)framework. This workproposes the following novel features. First, decisions are modeled at a household level. Sec-ond, we consider an extensive choice variable which involves the car replacement decision,the annual driving distance, the fuel type, the decision to take a company car, or a new versussecond-hand car.
Place, publisher, year, edition, pages
2013. 1-13 p.
Transport Systems and Logistics
IdentifiersURN: urn:nbn:se:kth:diva-138231OAI: oai:DiVA.org:kth-138231DiVA: diva2:680633
STRC 13th Swiss Transport Research Conference; Monte Verità / Ascona, Switzerland, 24 – 26 April, 2013
TSC import 2351 2013-12-17
QC 201401302013-12-182013-12-182014-01-30Bibliographically approved