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Forecasting high-speed rail ridership using a simultaneous modeling approach
Abstract
The newly launched, June 2009, US High-Speed Intercity Passenger Rail Program has rekindled a renewed interest in forecasting high-speed rail (HSR) ridership. The first step to the concerted effort by the federal, state, rail, and other related agencies to develop a nationwide HSR network is the development of credible approaches to forecast the ridership. This article presents a nested logit/simultaneous choice model to improve the demand forecast in the context of intercity travel. In addition to incorporating the interrelationship between trip generation and mode choice decisions, the simultaneous model also provides a platform for the same utility function flowing between both the decision-making processes. Using American Travel Survey data, supplemented by various mode parameters, the proposed model improves the forecast accuracy and confirms the significant impact of travel costs on both mode choice and trip generation. Furthermore, the cross elasticity of mode choice and trip generation related to travel costs and other modal characteristics may shed some light on transportation policies in the area of intercity travel, especially in anticipation of HSR development.
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“Logit models such as multino- mial, nested and cross nested models are extensively used to forecast demand through passen- ger choice modelling.”
From Passenger demand forecasting in scheduled transportation (2020) · cites this paper as Liu and Li (2012)
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Cited by
Sorted by citations
Passenger demand forecasting in scheduled transportation
Banerjee, N., Morton, A., & Akartunalı, K. (2020) · European Journal of Operational Research · doi:10.1016/j.ejor.2019.10.032 · Cited by 106
Metadata
- Authors
- Liu, R., & Li, A.
- Affiliations
- New Jersey Institute of Technology (US)
- Corresponding author
- Liu, Rongfang
- ORCID
- Liu, Rongfang
- Venue
- Transportation Planning and Technology
- Publisher
- Informa UK Limited
- Published
- 2012-07
- Volume
- 35
- Issue
- 5
- Pages
- 577-590
- ISSN
- 0308-1060 (ISSN-L)
- 1029-0354
- OpenAlex
- W1967441180
- Cited by
- 9
- References
- 0
- Citations by year
- 2025: 2 · 2022: 1 · 2021: 3 · 2019: 1 · 2017: 1 · 2014: 1
- FWCI
- 0.84
- Type
- journal article
- Language
- en
- Open access
- closed
- Locations
- Transportation Planning and Technology (publishedVersion)
- RePEc: Research Papers in Economics (submittedVersion)
- Topics
- Social Sciences › Transportation › Transportation Planning and Optimization
- Social Sciences › Economics, Econometrics and Finance › General Economics, Econometrics and Finance › Aviation Industry Analysis and Trends
- Social Sciences › Transportation › Railways and European Transport Policy
- Keywords
- high-speed rail, ridership forecasting, intercity passenger rail, nested logit model, trip generation, mode choice, travel cost, cross elasticity
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