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Forecasting the demand for an employee Park and Ride service using commuters' stated choices
Authors:Arne Risa Hole
Affiliation:Department of Economics, University of St Andrews, St Andrews KY16 9AL, Scotland, UK
Abstract:This paper uses Stated Choice (SC) data to forecast the demand for an employee Park and Ride service. Since it is well known that SC data contain sources of variation not present in Revealed Preference data we pay special attention to the scaling of the SC model. The results show that the modal shift away from parking-on site will be small unless the new service is accompanied by measures aimed at making parking on-site less attractive such as introducing parking charges.
Keywords:Travel plan   Stated choice   Forecasting   Scale factor
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