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The Unified Expanded Goods-Activities-Travel Model: Theory And Results

Sergio R. Jara-Diaz · Marcela A. Munizaga · Paulina Greeven · Reinaldo Guerra

8 citations0/0 files stored11th World Conference on Transport ResearchWorld Conference on Transport Research Society

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Transportation Planning and Optimization Economic and Environmental Valuation Energy, Environment, and Transportation Policies

Abstract

This paper will use a consumer’s behavior microeconomic framework to derive a complete set of equations formed by time assigned to work (labor supply), time assigned to all discretionary activities, consumption of unrestricted goods and discrete travel choices. It is shown that from this the values of leisure, work and time assigned to travel can be estimated. A synthesis of the empirical experience is presented and the options of the analyst are shown, namely to estimate a subset of equations depending on the available information.

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