A nested logit model of parking location choice

This paper describes the estimation of a nested logit model of parking location choice using revealed preference data. These data concerned the behavior of drivers going to work in a central business district. The model's nested structure acknowledges the relatively greater similarity among off-street and among on-street alternatives on their own. Each individual parking facility and surface lot is represented as a distinct off-street alternative. Areas of on-street parking constitute on-street alternatives. Special parking provided by employers is also represented separately. A variety of attributes other than money cost and separation from final destination were considered for the model's utility functions. Both the proposed nested structure and the inclusion of measures representing various attributes other than money cost and separation from final destination were found to be appropriate.

[1]  D.P.J. van der Goot.  A model to describe the choice of parking places , 1982 .

[2]  Kenneth A. Small,et al.  EFFICIENT ESTIMATION OF NESTED LOGIT MODELS , 1985 .

[3]  David E. Boyce,et al.  A Modified Composite Cost Measure for Probabilistic Choice Modeling , 1984 .

[4]  Kenneth Train,et al.  The sensitivity of parameter estimates to data specification in mode choice models , 1978 .

[5]  T A Lambe,et al.  THE CHOICE OF PARKING LOCATION BY WORKERS IN THE CENTRAL BUSINESS DISTRICT , 1969 .

[6]  Andrew Daly,et al.  Estimating “tree” logit models , 1987 .

[7]  D. Hensher.  Sequential and Full Information Maximum Likelihood Estimation of a Nested Logit Model , 1986 .

[8]  T. Amemiya.  On a two-step estimation of a multivariate logit model , 1978 .

[9]  Gökmen Ergün.  DEVELOPMENT OF A DOWNTOWN PARKING MODEL , 1971 .

[10]  Timothy J. Tardiff,et al.  A note on goodness-of-fit statistics for probit and logit models , 1976 .

[11]  R Jain,et al.  COMMUTER PARKING LOTS - VANDALISM AND DETERRENCE , 1987 .

[12]  D. McFadden.  MEASUREMENT OF URBAN TRAVEL DEMAND , 1974 .

[13]  H. Williams.  On the Formation of Travel Demand Models and Economic Evaluation Measures of User Benefit , 1977 .

[14]  Daniel McFadden,et al.  Modelling the Choice of Residential Location , 1977 .

[15]  John C Bennett,et al.  DEVELOPMENT AND IMPLEMENTATION OF A PARKING ALLOCATION MODEL , 1972 .

[16]  David Gillen,et al.  Parking location and transit demand: A case study of endogenous attributes in disaggregate mode choice models☆ , 1978 .

[17]  Joel L. Horowitz,et al.  EVALUATION OF USEFULNESS OF TWO STANDARD GOODNESS-OF-FIT INDICATORS FOR COMPARING NON-NESTED RANDOM UTILITY MODELS , 1982 .

[18]  Kenneth L Sobel.  TRAVEL DEMAND FORECASTING BY USING THE NESTED MULTINOMIAL LOGIT MODEL , 1980 .

[19]  H. Williams,et al.  Behavioural theories of dispersion and the mis-specification of travel demand models☆ , 1982 .

[20]  Moshe Ben-Akiva,et al.  Discrete Choice Analysis: Theory and Application to Travel Demand , 1985 .

[21]  Terence W Austin.  ALLOCATION OF PARKING DEMAND IN A CBD , 1973 .

[22]  D. McFadden.  Conditional logit analysis of qualitative choice behavior , 1972 .

[23]  T. S. Blyth.  Set theory and abstract algebra , 1975 .

[24]  David Gillen,et al.  Parking policy, parking location decisions and the distribution of congestion , 1978 .