Cost-Minimizing Choice Behavior in Transportation Planning A Theoretical Framework for Logit Models |
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Author:
| Erlander, Sven B. |
Series title: | Advances in Spatial Science Ser. |
ISBN: | 978-3-642-11910-1 |
Publication Date: | Jun 2010 |
Publisher: | Springer Berlin / Heidelberg
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Imprint: | Springer |
Book Format: | Hardback |
List Price: | USD $109.99 |
Book Description:
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This book argues that cost minimizing behavior pertains if the likelihood of any independent sample of observations is a decreasing function of the average cost of the sample. That new approach provides a deeper understanding of choice probability models.
This book argues that cost minimizing behavior pertains if the likelihood of any independent sample of observations is a decreasing function of the average cost of the sample. That new approach provides a deeper understanding of choice probability models.