Linear or non-linear utility functions in Logit models? The impact of German high speed rail demand forecasts

Linear or non-linear utility functions in Logit models? The impact of German high speed rail demand forecasts

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Article ID: iaor1995635
Country: United States
Volume: 28B
Issue: 2
Start Page Number: 91
End Page Number: 101
Publication Date: Apr 1994
Journal: Transportation Research. Part B: Methodological
Authors: , ,
Keywords: transportation: rail, Transportation: Rail
Abstract:

The authors have shown that nonlinearity of the representative utility functions of the Logit model applied to an intercity mode choice model implied the presence of asymmetry and of thresholds in the response curve, as well as results that had more reasonable properties (diminishing marginal values of time savings, elasticities and values of time that differed among the modes), and yielded very different high-speed rail market shares for Germany than results obtained with the usual linear utility functions.

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