Browsing by Subject "Microeconomics"
Now showing items 1-3 of 3
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(Elsevier, 1998)From a microeconomic viewpoint, the so-called modal utility in discrete choice models is a conditional indirect utility function, which represents the maximum level of satisfaction that can be reached at given prices and ...
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(Elsevier, 2001)Microeconomic framework has become a very rich and useful approach to understanding and modelling of travel behavior. This paper covers the topic in the following manner: 1) the basic notion of microscopic perspective is ...
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(Elsevier, 2002)This book chapter presents the properties of the conditional indirect utility function corresponding to an expanded version of the goods/leisure trade-off model, which includes work and travel time as direct sources of ...