Road pricing and (re)location decisions households



Table 11: MNL and ML estimation results

_________________MNL______________

MIX. LOGIT________________

Attributes______________________

Coefficient

T-value

P-value

Coefficient

T-value

P-value

bedrooms

-0.1268

-2.137

0.0326

-0.1556

-2.498

0.0125

monthly cost

-0.0065

-5.632

0.0000

-0.0093

-6.382

0.0000

big city

-0.9992

-8.311

0.0000

-1.516

-5.983

0.0000

small town

0.2280

4.241

0.0000

0.2894

4.500

0.0000

travel costs

-0.7359

-12.459

0.0000

-0.9794

-11.908

0.0000

travel time

-0.0338

-4.652

0.0000

-0.0547

-5.424

0.0000

Heterogeneity:

bedr*college/university

0.1450

2.780

0.0054

0.2030

3.789

0.0002

bedr*working partner

0.1530

2.980

0.0029

0.1807

3.579

0.0003

bedr*child

0.2114

3.845

0.0001

0.2970

5.206

0.0000

bedr*large municip.

0.2253

4.255

0.0000

0.2575

4.600

0.0000

bedr*apartment

0.2981

4.360

0.0000

0.3971

6.149

0.0000

mnth cost*college/university

0.0020

2.423

0.0154

0.0025

2.166

0.0303

mnth cost*child

-0.0019

-2.271

0.0232

-0.0028

-2.398

0.0165

mnth cost*owned house

0.0043

3.961

0.0001

0.0059

4.343

0.0000

big city*partner

-0.2661

-3.478

0.0005

-0.3509

-2.242

0.0250

big city*child

0.1713

2.524

0.0116

0.2426

1.808

0.0705

big city* large municip.

0.6929

8.917

0.0000

1.0027

6.897

0.0000

big city*owned house

0.2001

2.815

0.0049

0.3788

2.287

0.0222

big city*detached house

-0.3844

-4.543

0.0000

-0.6838

-4.101

0.0000

big city*apartment

0.6339

7.911

0.0000

1.0393

5.610

0.0000

big city*no fuel cost

0.1795

2.795

0.0052

0.1797

1.400

0.1615

big city*income class 1

-0.2089

-2.208

0.0273

-0.3317

-1.765

0.0775

big city*income class 2

-0.1898

-2.706

0.0068

-0.2219

-1.599

0.1099

small town*large municip.

0.1489

2.317

0.0205

0.1763

2.268

0.0233

small town*gasoline car

0.1455

2.423

0.0154

0.2245

3.001

0.0027

small town*income class 1

-0.2281

-3.071

0.0021

-0.2744

-3.168

0.0015

travel costs*region congest.

-0.0653

-1.989

0.0467

-0.0746

-1.454

0.1460

travel costs*apartment

0.1609

4.187

0.0000

0.1767

2.398

0.0165

travel costs*work home

0.0653

1.989

0.0467

0.0980

1.867

0.0619

travel costs*tta5175

0.1278

2.396

0.0166

0.1573

2.399

0.0164

travel costs*tta76m

0.3667

7.534

0.0000

0.4285

6.778

0.0000

travel costs*income class 2

0.1388

3.347

0.0008

0.0935

1.389

0.1650

travel costs*income class 3

0.1620

3.424

0.0006

0.1615

2.266

0.0234

travel time*dep. time constr.

0.0122

2.292

0.0219

0.0129

1.496

0.1347

travel time*tta5175

0.0143

1.823

0.0683

0.0223

2.087

0.0369

travel time*tta76m

0.0215

2.927

0.0034

0.0388

3.702

0.0002

travel time*tte030

-0.0092

-2.466

0.0137

-0.0110

-2.180

0.0293

st. dev. random parameters:

monthly cost

-

0.0076

2.424

0.0153

big city

-

1.5617

11.094

0.0000

travel costs

-

0.7416

8.801

0.0000

travel time

-

0.0348

2.079

0.0376

Halton simul.

-

150 (number)

adjusted p2

0.2447

0.3096

-2LogLikelihood

-2638.1

_________-2406.6

Table 11 shows preferences for five aspects in detail: the number of bedrooms, the location,
the monthly cost of housing and travel cost and time. First of all looking at ‘bedrooms’, the

21



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