Public Transportation in Cartagena, Colombia: Understanding Preferences Using Discrete Choice Models

Autores/as

  • Daniel Toro González

Palabras clave:

Cartagena, Colombia, Transportation, discrete choice models, multinomials, conditional, logit, probit

Resumen

 

This paper revisits the data set collected by Toro, Alvis and Arellano (2005) in order to evaluate three main models in transportation: probit, conditional logit, and the nested logit. The results show that the advantages of other transportation modes over buses are their lower travel and waiting times. Additionally, it was found that a traveler facing equal times and costs would prefer bus rather than other alternatives.

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Publicado

2019-03-15

Cómo citar

Toro González, D. (2019). Public Transportation in Cartagena, Colombia: Understanding Preferences Using Discrete Choice Models. Economía & Región, 7(1), 125–138. Recuperado a partir de https://revistas.utb.edu.co/economiayregion/article/view/43