DocumentCode
2852079
Title
Lessons of a recession for transport demand modelling
Author
Willumsen, L.G. ; Liu, A.
Author_Institution
Steer Davies Gleave, London, UK
fYear
2009
fDate
17-17 Oct. 2009
Firstpage
137
Lastpage
142
Abstract
This paper attempts to draw some lessons form the economic crisis of 2008-2009 in respect of transport demand modelling. It looks in the following issues: the poor treatment of uncertainty and risk, the limitations of our best theories of human behaviour, the emphasis in equilibrium modelling and the questions whether more complex and disaggregate models are more accurate tools for forecasting.
Keywords
economic cycles; transportation; economic crisis; equilibrium modelling; human behaviour theories; recession; transport demand modelling; uncertainty; equilibrium; modelling; recession; uncertainty;
fLanguage
English
Publisher
iet
Conference_Titel
Advanced Forum on Transportation of China (AFTC 2009), 5th
Conference_Location
Beijing
ISSN
0537-9989
Type
conf
DOI
10.1049/cp.2009.1602
Filename
5499225
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