Discrete Choice Models: The Case of Transportation in Cartagena De Indias

11 Pages Posted: 3 Sep 2010  

Daniel Toro González

Universidad Tecnológica de Bolívar (UTB); WSU

Date Written: September 1, 2010

Abstract

This paper revisits the data set collected by (Toro, Alvis and Arellano 2005) in order to use it contrasting the results with some well known models in transportation. Using different discrete choice models such as probit and conditional logit, the results show that the competitive advantage of other transportation modes over bus is their lower travel time and the time waiting. Additionally, it was found that a traveler facing equal times and costs would prefer bus rather than other alternatives.

Keywords: Transportation, discrete choice model, multinomial, conditiona

JEL Classification: C25, D12, R41

Suggested Citation

Toro González, Daniel, Discrete Choice Models: The Case of Transportation in Cartagena De Indias (September 1, 2010). Available at SSRN: https://ssrn.com/abstract=1670184 or http://dx.doi.org/10.2139/ssrn.1670184

Daniel Toro González (Contact Author)

Universidad Tecnológica de Bolívar (UTB) ( email )

Manga Calle del Bouquet
Campus de Ternera, Parque Industrial y Tecnológico
Cartagena, Bolívar
Colombia

WSU

Pullman, WA 99164
United States

HOME PAGE: http://cahnrs-cms.wsu.edu/ses/Pages/default.aspx

Paper statistics

Downloads
67
Rank
279,347
Abstract Views
580