A logarithmic goal programming approach to develop the utility function for railway travel

dc.contributor.author	Dutta, Goutam
dc.contributor.author	Ghosh, Priyanko
dc.contributor.author	Wanchoo, Arushi
dc.date.accessioned	2013-11-26T09:42:13Z
dc.date.available	2013-11-26T09:42:13Z
dc.date.copyright	2013-09
dc.date.issued	2013-11-26
dc.identifier.uri	http://hdl.handle.net/11718/11450
dc.description.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.	en_US
dc.language.iso	en	en_US
dc.relation.ispartofseries	;W.P. No. 2013-09-06
dc.subject	A Logarithm	en_US
dc.subject	Programming	en_US
dc.subject	Utility Function	en_US
dc.subject	Railway Travel	en_US
dc.title	A logarithmic goal programming approach to develop the utility function for railway travel	en_US
dc.type	Working Paper	en_US