A wide range of transport‐related decisions involve the linking of discrete choices (e.g. of vehicle choice) and continuous choices (e.g. of vehicle use). In recent years econometricians have developed procedures for integrating such choices into a framework that is both economically and statistically sound. The literature is however somewhat technical. The objective of this paper is to provide a general overview of the basic elements of discrete/continuous econometric modelling with an emphasis on transport applications. It is hoped that such an introduction will demonstrate that the essence of the approach for the practitioner is quite straightforward and can be implemented with widely available computer software.


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    Title :

    Discrete/continuous econometric models and their application to transport analysis


    Contributors:

    Published in:

    Transport Reviews ; 7 , 3 ; 227-244


    Publication date :

    1987-07-01


    Size :

    18 pages




    Type of media :

    Article (Journal)


    Type of material :

    Electronic Resource


    Language :

    Unknown




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