Please use this identifier to cite or link to this item: http://hdl.handle.net/11718/11450
Title: A logarithmic goal programming approach to develop the utility function for railway travel
Authors: Dutta, Goutam
Ghosh, Priyanko
Wanchoo, Arushi
Keywords: A Logarithm;Programming;Utility Function;Railway Travel
Issue Date: 26-Nov-2013
Series/Report no.: ;W.P. No. 2013-09-06
Abstract: A railway passenger faces a dilemma of choosing the best train among several alternatives available in a particular route. A relative comparison of competing railways helps the passenger to make an informed choice before the actual travel. In this paper we develop a utility model for railway travel based on a few important attributes. We carry out an analysis on competing railways for a particular route and calculate the utility score of each railway. The passengers benefit as they are aware of the relative ranking of a particular train on a particular route before they make their choice and the railways benefit as they are able to estimate the market share of each service using a multinomial logit choice model.
URI: http://hdl.handle.net/11718/11450
Appears in Collections:Working Papers

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