Publication

Modeling car ownership and usage: a dynamic discrete-continuous choice modeling approach

Michel Bierlaire
2013
Conference Papers

Abstract

In this research we specify a dynamic discrete-continuous choice model (DDCCM) of car ownership and usage. This model embeds a discrete-continuous choice model into a dynamic programming (DP) framework. The DDCCM allows to jointly model the transaction type, the annual driving distance, the fuel type, the car ownership status and the car state (i.e. the purchase of a new or second-hand car) relative to each car in a households fleet. Moreover we model these decisions at the household level and for up to two cars per household. In this paper, the methodology is illustrated by an example of application where parameters are postulated.

Official source

https://infoscience.epfl.ch/entities/publication/117ff126-ca52-40a2-9d30-4aa3b517a084

About this result

This page is automatically generated and may contain information that is not correct, complete, up-to-date, or relevant to your search query. The same applies to every other page on this website. Please make sure to verify the information with EPFL's official sources.

Graph Chat

Chat with Graph Search

Ask any question about EPFL courses, lectures, exercises, research, news, etc. or try the example questions below.

DISCLAIMER: The Graph Chatbot is not programmed to provide explicit or categorical answers to your questions. Rather, it transforms your questions into API requests that are distributed across the various IT services officially administered by EPFL. Its purpose is solely to collect and recommend relevant references to content that you can explore to help you answer your questions.

Michel Bierlaire
2013
Conference Papers

Abstract

Official source

https://infoscience.epfl.ch/entities/publication/117ff126-ca52-40a2-9d30-4aa3b517a084

About this result

Related concepts (32)

Electric car

An electric car or electric vehicle (EV) is an automobile that is propelled by one or more electric traction motors, using only energy stored in batteries. Compared to conventional internal combustion engine (ICE) vehicles, electric cars are quieter, more responsive, have superior energy conversion efficiency and no exhaust emissions and lower overall vehicle emissions (however the power plant supplying the electricity might generate its own emissions).

Economics of car use

Compared to other popular modes of passenger transportation, the car has a relatively high cost per person-distance traveled. The income elasticity for cars ranges from very elastic in poor countries, to inelastic in rich nations. The advantages of car usage include on-demand and door-to-door travel, and are not easily substituted by cheaper alternative modes of transport, with the present level and type of auto specific infrastructure in the countries with high auto usage.

Car costs

A car's internal costs are all the costs consumers pay to own and operate a car. Normally these expenditures are divided into fixed or standing costs and variable or running costs. Fixed costs are those which do not depend on the distance traveled by the vehicle and which the owner must pay to keep the vehicle ready for use on the road, like insurance or road taxes. Variable or running costs are those that depend on the use of the car, like fuel or tolls.

Related publications (1)

Modeling car ownership and usage: a dynamic discrete-continuous choice modeling approach

Chat with Graph Search

Development and application of an advanced fuel model for the safety analysis of the generation IV gas-cooled fast reactor