Discrete Choice Modelling and Air Travel Demand

Author: Laurie A. Garrow
Publisher: Routledge
ISBN: 131714970X
Format: PDF, Docs
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In recent years, airline practitioners and academics have started to explore new ways to model airline passenger demand using discrete choice methods. This book provides an introduction to discrete choice models and uses extensive examples to illustrate how these models have been used in the airline industry. These examples span network planning, revenue management, and pricing applications. Numerous examples of fundamental logit modeling concepts are covered in the text, including probability calculations, value of time calculations, elasticity calculations, nested and non-nested likelihood ratio tests, etc. The core chapters of the book are written at a level appropriate for airline practitioners and graduate students with operations research or travel demand modeling backgrounds. Given the majority of discrete choice modeling advancements in transportation evolved from urban travel demand studies, the introduction first orients readers from different backgrounds by highlighting major distinctions between aviation and urban travel demand studies. This is followed by an in-depth treatment of two of the most common discrete choice models, namely the multinomial and nested logit models. More advanced discrete choice models are covered, including mixed logit models and generalized extreme value models that belong to the generalized nested logit class and/or the network generalized extreme value class. An emphasis is placed on highlighting open research questions associated with these models that will be of particular interest to operations research students. Practical modeling issues related to data and estimation software are also addressed, and an extensive modeling exercise focused on the interpretation and application of statistical tests used to guide the selection of a preferred model specification is included; the modeling exercise uses itinerary choice data from a major airline. The text concludes with a discussion of on-going customer modeling research in aviation. Discrete Choice Modelling and Air Travel Demand is enriched by a comprehensive set of technical appendices that will be of particular interest to advanced students of discrete choice modeling theory. The appendices also include detailed proofs of the multinomial and nested logit models and derivations of measures used to represent competition among alternatives, namely correlation, direct-elasticities, and cross-elasticities.

Quantitative Problem Solving Methods in the Airline Industry

Author: Cynthia Barnhart
Publisher: Springer Science & Business Media
ISBN: 1461416078
Format: PDF, Mobi
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This volume reviews operations research theory, applications and practice in airline planning and operations. It examines the business and technical landscape, details best practices, and identifies open questions and areas for future research.

Aviation Investment

Author: Dr Doramas Jorge-Calderon
Publisher: Ashgate Publishing, Ltd.
ISBN: 1472421302
Format: PDF, Kindle
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Aviation Investment uniquely addresses investment appraisal methods across the key industries that make up the aviation sector, including the airports, air traffic management, airline and aircraft manufacturing - or aeronautic - industries. It is a practice-oriented book where methods are presented through realistic case studies. The emphasis is on economic appraisal, or cost-benefit analysis, in order to determine the viability of projects not only for private investors but for society as a whole.

Transport Systems and Policy

Author: Peter Nijkamp
Publisher: Edward Elgar Pub
ISBN:
Format: PDF, Kindle
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Transport and mobility are critical for the economic development of cities and regions and are a key factor in achieving sustained economic growth. This collection brings together Peter Nijkamp's influential work in the areas of transport systems and transport policy. The first part offers new theoretical insights and a review of the state-of-the-art in transportation science. The essays address issues such as the costs and benefits of transport, the role of price in transport demand, the impact of information and the potential of congestion pricing. The second part focuses attention on the modelling of transport systems. The third part comprises papers on transport infrastructure and includes studies on the impact of infrastructure and superstructure on economic growth, the costs of infrastructure construction, the evaluation of airport expansion and airport efficiency. The final part considers issues of public policy, including governance principles for sustainable urban transport, welfare implications of information policy, the economic consequences of airline deregulation, the use of policy scenarios for the far future and the transferability of transport policy to other areas. This collection will be essential reading for scholars and students interested in all aspects of transport research and policy.

Airport Facilities

Author: Michael T. McNerney
Publisher: Amer Society of Civil Engineers
ISBN: 9780784403518
Format: PDF, ePub, Mobi
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Thirty-nine papers from a June 1998 conference include development track presentations from planners involved with Dallas/Ft. Worth, Salt Lake City, Los Angeles, and metropolitan Washington airports. Coverage includes current issues in planning, design, and construction, with much discussion of vari