Impacts of Policy-Induced Freight Modal Shifts (2019) / Chapter Skim
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Pages 71-74
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From page 71... ...
71 This chapter presents the methodological approach selected to estimate mode choice models in this research. Selecting the methodological approach required careful consideration of alternative modeling methodologies, data requirements, and data availability, and the ability of these to provide sound estimates of the impacts of market changes and public policy on freight mode choice.
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From page 72... ...
72 Impacts of Policy-Induced Freight Modal Shifts closest rail terminal or the effects of the frequency of rail service on waiting times. Discrete choice models provide a better platform to capture the interdependence between shipment size and the mode choice (endogeneity)
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From page 73... ...
Modeling Approach Selected 73 Issues with Supply-Chain-Based Models Supply-chain-based models attempt to replicate the process followed by private-sector companies when making mode/vehicle decisions. These models consider in great detail all the different cost components that influence logistics costs (the summation of transportation and inventory costs)
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