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Travel Demand Model - OKI

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<strong>OKI</strong>/MVRPC <strong>Travel</strong> <strong>Demand</strong> <strong>Model</strong> – Version 6.0Run #7 is an attempt to estimate separate coefficients for the initial wait time (less than 10minutes) and the additional wait time. As shown in Table 6.2, the values obtained for the waittime coefficients show a relationship opposite to what was expected: the initial wait coefficient islower than the additional wait coefficient. This model was thus rejected.Given the experience with the HBW and HBO models, it was unlikely that a satisfactory nestedstructure could be estimated for the NHB model. And indeed, a simple auto vs. transit nestedmodel (Run #10) resulted in a logsum coefficient greater than 1.0. For the application program,the NHB model will use similar logsum coefficients as the HBW model (see Table 4.3).Table 6-2 Non-Home Based Mode Choice <strong>Model</strong> Estimation ResultsVariablesBest <strong>Model</strong>Run #1 Run #7 Run #10Run #9cEstimate t stat. Estimate t stat. Estimate t stat. Estimate t stat.In-vehicle time -0.0265 -3.2 0.0004 0 -0.0265 -3.7 -0.0059 -2.9Cost -0.0030 -2.0 -0.0048 -4.2 -0.0052 -4.5 -0.0008 -2.0First wait -0.0405 -2.0 -0.0528 -2.8 -0.0095 -1.9First wait < 10 min. -0.0260 -0.4First wait > 10 min. -0.0535 -2.1Transfer wait -0.0301 -1.4 -0.0663 -2.7 -0.0419 -2.0 -0.0093 -1.7Walk access time -0.0663 -0.0986 -4.2Transfer walk time -0.0623 -1.7Drive access time -0.0588 -0.9 -0.0334 -0.5 -0.0468 -0.8 -0.0096 -0.4CBD IndicatorShared Ride 2 -0.36 -1.6Shared Ride 3+ -1.21 -3.1Walk to Transit 0.45 0.8 -0.38 -1.3Drive to Transit 1.93 3.0 0.65 2.0Logsum (Theta) 4.69 9.7Constants:Shared Ride 2 -0.97 -0.97 -0.97 -0.95Shared Ride 3+ -1.44 -1.44 -1.44 -1.41Walk to Transit -1.48 -0.96 -1.47 -0.24Drive to Transit -2.65 -1.93 -2.11 -1.10No. of observations 5188 5188 5188 5188Log-likelihood -4446 -4456 -4459 -4413Rho-squared 0.31 0.30 0.30 0.31Value of Time $5.32 $3.08 $4.48Ratios to IVT:First wait 1.5 1.6First wait < 10 min. 1.0First wait > 10 min. 2.0Transfer wait 1.1 1.6 1.6Walk access 2.5 2.5 2.5Transfer walk 2.4Drive access 2.2 1.8 1.6All time variables expressed in minutes, all cost variables expressed in 1995 cents.Mode Choice - Non-Home-Based <strong>Model</strong> Estimation 28

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