Discrete Choice Modelling and Air Travel Demand: Theory and Applications

By Laurie A. Garrow and A. Garrow Laurie

Ashgate Gower
Publication date: June 2010

ISBN: 9780754681267

Digital Book format: PDF (Adobe DRM)

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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.

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