Author: Aurélie Glerum
Publisher:
ISBN:
Category :
Languages : en
Pages : 26
Book Description
A Dynamic Discrete-continuous Choice Model of Car Ownership, Usage and Fuel Type
Dynamic Discrete Choice Models for Car Ownership Modeling
A Dynamic Model of Car Fuel Type Choice and Mobility
Author: Leo van Wissen
Publisher:
ISBN:
Category : Commuting
Languages : en
Pages : 50
Book Description
Publisher:
ISBN:
Category : Commuting
Languages : en
Pages : 50
Book Description
Dimensions of Automobile Demand
Author: David A. Hensher
Publisher: Elsevier
ISBN: 1483291197
Category : Business & Economics
Languages : en
Pages : 296
Book Description
This unique book is the first attempt to fully integrate automobile ownership (by fleet size and vehicle type) and vehicle use in an intertemporal setting which recognises the durable nature of automobiles using extensive longitudinal panel data on each household (over 5 years). The book presents: the theoretical and econometric development of a joint discrete-continuous choice longitudinal model system of household and automobile ownership and use, bringing together 9 years of research;the application of the model system for the period 1981-1985 in Australia;the forecasting of the model system up to 2020; particular emphasis on the development and application of a longitudinal data base which is unique to the topic - to capture the dynamic (intertemporal) impacts of technological change, life-style change, fuel prices etc. The book not only extends the reader's knowledge of the dimensions of automobile demand but it also adds important new ideas on handling dynamics of choice, as well as new empirical evidence on elasticities of demand for vehicles and vehicle kilometres. Energy and transport planning specialists will find the book essential reading.
Publisher: Elsevier
ISBN: 1483291197
Category : Business & Economics
Languages : en
Pages : 296
Book Description
This unique book is the first attempt to fully integrate automobile ownership (by fleet size and vehicle type) and vehicle use in an intertemporal setting which recognises the durable nature of automobiles using extensive longitudinal panel data on each household (over 5 years). The book presents: the theoretical and econometric development of a joint discrete-continuous choice longitudinal model system of household and automobile ownership and use, bringing together 9 years of research;the application of the model system for the period 1981-1985 in Australia;the forecasting of the model system up to 2020; particular emphasis on the development and application of a longitudinal data base which is unique to the topic - to capture the dynamic (intertemporal) impacts of technological change, life-style change, fuel prices etc. The book not only extends the reader's knowledge of the dimensions of automobile demand but it also adds important new ideas on handling dynamics of choice, as well as new empirical evidence on elasticities of demand for vehicles and vehicle kilometres. Energy and transport planning specialists will find the book essential reading.
Handbook of Travel Behaviour
Author: Dimitris Potoglou
Publisher: Edward Elgar Publishing
ISBN: 1839105747
Category : Political Science
Languages : en
Pages : 537
Book Description
This insightful Handbook offers a comprehensive and diverse understanding of the determinants of travel behaviour, looking at the ways in which it can be better understood, modelled and forecasted. Dimitris Potoglou and Justin Spinney bring together an international range of esteemed academics who explore the origins of the field, research analysis methods, environmental considerations, and social factors. This title contains one or more Open Access chapters.
Publisher: Edward Elgar Publishing
ISBN: 1839105747
Category : Political Science
Languages : en
Pages : 537
Book Description
This insightful Handbook offers a comprehensive and diverse understanding of the determinants of travel behaviour, looking at the ways in which it can be better understood, modelled and forecasted. Dimitris Potoglou and Justin Spinney bring together an international range of esteemed academics who explore the origins of the field, research analysis methods, environmental considerations, and social factors. This title contains one or more Open Access chapters.
Heterogeneity and State Dependence in Household Car Ownership
Author: Ryuichi Kitamura
Publisher:
ISBN:
Category : Automobile ownership
Languages : en
Pages : 28
Book Description
Publisher:
ISBN:
Category : Automobile ownership
Languages : en
Pages : 28
Book Description
Identification of Dynamic Discrete-continuous Choice Models, with an Application to Consumption-savings-retirement
Author: Matthew R. Levy
Publisher:
ISBN:
Category : Choice (Psychology)
Languages : en
Pages : 49
Book Description
This paper studies the non-parametric identification of the discount factor and utility function in the class of dynamic discrete-continuous choice (DDCC) models. In contrast to the discrete-only model we show the discount factor is identified. Our results further highlight why Euler equation estimation approaches that ignore agents' discrete choices are inconsistent. We estimate utility and discount factors for a consumption-savings-retirement choice problem using the Panel Study of Income Dynamics (PSID). We show that the relative risk aversion parameter and the intertemporal elasticity of substitution are separately identified, and that the latter varies across agents due to the wealth-dependence of the surplus from the discrete choice. This surplus also implies that the value function may be locally convex in wealth, and we find that a simulated Universal Basic Income (UBI) policy counterintuitively benefits wealthier working households more than poorer ones due to this effect.
Publisher:
ISBN:
Category : Choice (Psychology)
Languages : en
Pages : 49
Book Description
This paper studies the non-parametric identification of the discount factor and utility function in the class of dynamic discrete-continuous choice (DDCC) models. In contrast to the discrete-only model we show the discount factor is identified. Our results further highlight why Euler equation estimation approaches that ignore agents' discrete choices are inconsistent. We estimate utility and discount factors for a consumption-savings-retirement choice problem using the Panel Study of Income Dynamics (PSID). We show that the relative risk aversion parameter and the intertemporal elasticity of substitution are separately identified, and that the latter varies across agents due to the wealth-dependence of the surplus from the discrete choice. This surplus also implies that the value function may be locally convex in wealth, and we find that a simulated Universal Basic Income (UBI) policy counterintuitively benefits wealthier working households more than poorer ones due to this effect.
Analyzing Car Ownership and Route Choices Using Discrete Choice Models
Discrete Choice Methods with Simulation
Author: Kenneth Train
Publisher: Cambridge University Press
ISBN: 0521766559
Category : Business & Economics
Languages : en
Pages : 399
Book Description
This book describes the new generation of discrete choice methods, focusing on the many advances that are made possible by simulation. Researchers use these statistical methods to examine the choices that consumers, households, firms, and other agents make. Each of the major models is covered: logit, generalized extreme value, or GEV (including nested and cross-nested logits), probit, and mixed logit, plus a variety of specifications that build on these basics. Simulation-assisted estimation procedures are investigated and compared, including maximum stimulated likelihood, method of simulated moments, and method of simulated scores. Procedures for drawing from densities are described, including variance reduction techniques such as anithetics and Halton draws. Recent advances in Bayesian procedures are explored, including the use of the Metropolis-Hastings algorithm and its variant Gibbs sampling. The second edition adds chapters on endogeneity and expectation-maximization (EM) algorithms. No other book incorporates all these fields, which have arisen in the past 25 years. The procedures are applicable in many fields, including energy, transportation, environmental studies, health, labor, and marketing.
Publisher: Cambridge University Press
ISBN: 0521766559
Category : Business & Economics
Languages : en
Pages : 399
Book Description
This book describes the new generation of discrete choice methods, focusing on the many advances that are made possible by simulation. Researchers use these statistical methods to examine the choices that consumers, households, firms, and other agents make. Each of the major models is covered: logit, generalized extreme value, or GEV (including nested and cross-nested logits), probit, and mixed logit, plus a variety of specifications that build on these basics. Simulation-assisted estimation procedures are investigated and compared, including maximum stimulated likelihood, method of simulated moments, and method of simulated scores. Procedures for drawing from densities are described, including variance reduction techniques such as anithetics and Halton draws. Recent advances in Bayesian procedures are explored, including the use of the Metropolis-Hastings algorithm and its variant Gibbs sampling. The second edition adds chapters on endogeneity and expectation-maximization (EM) algorithms. No other book incorporates all these fields, which have arisen in the past 25 years. The procedures are applicable in many fields, including energy, transportation, environmental studies, health, labor, and marketing.
Control Strategies of Permanent Magnet Synchronous Motor Drive for Electric Vehicles
Author: Chiranjit Sain
Publisher: CRC Press
ISBN: 1000484858
Category : Technology & Engineering
Languages : en
Pages : 179
Book Description
To reduce the emissions of greenhouse gasses and maintain environmental sustainability, electric vehicles play a vital role in a modern energy-efficient environment. Permanent magnet synchronous motors (PMSMs) are widely employed in electric vehicle technology due to their high dynamic response, better torque-speed characteristics, noiseless operation, high power density, high efficiency and power factor as compared to other conventional motor drives. This book demonstrates the development of various control strategies and illustrates the dynamic performance intensification of a PMSM drive. To ensure the faster dynamic behaviour and flexibility in control under various operating conditions, the performance of a PMSM drive has been explained. Finally, control strategies have been executed through mathematical modelling and illustration of several case studies for optimal operation. Features: Introduces performance indicators in a self-controlled PMSM machine to justify the dynamic behaviour Discusses comparative performance study and optimization of the drive performance Provides a detailed comparative performance analysis between classical and fuzzy logic controllers in a PMSM drive Includes illustrations and case studies using mathematical modelling and real-time test results Discusses the state of the art in solar-powered energy-efficient PMSM drives with various issues This book is aimed at researchers, graduate students and libraries in electrical engineering with specialization in electric vehicles.
Publisher: CRC Press
ISBN: 1000484858
Category : Technology & Engineering
Languages : en
Pages : 179
Book Description
To reduce the emissions of greenhouse gasses and maintain environmental sustainability, electric vehicles play a vital role in a modern energy-efficient environment. Permanent magnet synchronous motors (PMSMs) are widely employed in electric vehicle technology due to their high dynamic response, better torque-speed characteristics, noiseless operation, high power density, high efficiency and power factor as compared to other conventional motor drives. This book demonstrates the development of various control strategies and illustrates the dynamic performance intensification of a PMSM drive. To ensure the faster dynamic behaviour and flexibility in control under various operating conditions, the performance of a PMSM drive has been explained. Finally, control strategies have been executed through mathematical modelling and illustration of several case studies for optimal operation. Features: Introduces performance indicators in a self-controlled PMSM machine to justify the dynamic behaviour Discusses comparative performance study and optimization of the drive performance Provides a detailed comparative performance analysis between classical and fuzzy logic controllers in a PMSM drive Includes illustrations and case studies using mathematical modelling and real-time test results Discusses the state of the art in solar-powered energy-efficient PMSM drives with various issues This book is aimed at researchers, graduate students and libraries in electrical engineering with specialization in electric vehicles.