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Inter-Island Travel Demand Response with Discrete Choice Models: Functional Form, Forecasts, and Elasticities

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  • Juan De Dios Ortúzar
  • Rosa Marina González

Abstract

This paper examines variations in travellers' choice of transport mode for inter-island trips when journey conditions are changed, either in the total time spent on the journey, the fare level, or in the provision of additional supply. The route studied is the route between Gran Canaria and Tenerife, where three transport modes are available: plane, jet-foil, and ferry. Two model structures are tested, and discrete model theory investigates the presence of income effect. Model predictions are compared with observed outturn for two policy changes. © The London School of Economics and the University of Bath 2002

Suggested Citation

  • Juan De Dios Ortúzar & Rosa Marina González, 2002. "Inter-Island Travel Demand Response with Discrete Choice Models: Functional Form, Forecasts, and Elasticities," Journal of Transport Economics and Policy, University of Bath, vol. 36(1), pages 115-138, January.
    • Handle: RePEc:tpe:jtecpo:v:36:y:2002:i:1:p:115-138
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    Cited by:

    1. Grisolía, José María & Ortúzar, Juan de Dios, 2010. "Forecasting vs. observed outturn: Studying choice in faster inter-island connections," Transportation Research Part A: Policy and Practice, Elsevier, vol. 44(3), pages 159-168, March.
    2. Elisabetta Cherchi & Juan Ortúzar, 2002. "Mixed RP/SP models incorporating interaction effects," Transportation, Springer, vol. 29(4), pages 371-395, November.
    3. Amador, Francisco Javier & González, Rosa Marina & Ramos-Real, Francisco Javier, 2013. "Supplier choice and WTP for electricity attributes in an emerging market: The role of perceived past experience, environmental concern and energy saving behavior," Energy Economics, Elsevier, vol. 40(C), pages 953-966.

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