About this document
Mode Choice Modeling Overview by Ķđ Gutema Alemayehu is a document available to read on EtoBox.
The multi-nomial logit model is used to estimate modal split for 5000 commuters with three travel options: private car, bus, and light rail. The utility functions for each mode are given based on cost and travel time. With costs and times provided for each mode, the model can calculate choice probabilities for each mode based on their relative utilities. Reducing the bus fare and recalculating the probabilities allows estimating how fare changes may impact ridership.
- Author
- Ķđ Gutema Alemayehu
- Language
- EN