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journal contribution
posted on 2005-01-01, 00:00authored byKali Prasad Nepal, D Fukuda, T Yai
The primary purpose of this research is to analyze theoretically the group decisionmaking process leading to the allocation of activity time and the consumption of goods, with particular emphasis in the households. Each household is characterized as a group of individuals making joint decisions about their activity participations, alternative activity time allocations and consumption of various goods, such as independent and joint activity time allocations as well as private and shared consumption patterns. We firstly explore why individual-based models are not realistic in multi-person households, and secondly, we summarize various intra-household activity time allocation models based on different decision-making processes. All models are presented under microeconomic principle of utility maximization to represent the economic behavior of the households.
History
Journal
Journal of the Eastern Asia society for transportation studies
Volume
6
Pagination
1637 - 1650
Publisher
Eastern Asia Society for Transportation Studies
Location
Tokyo, Japan
ISSN
1881-1124
Language
eng
Publication classification
C1.1 Refereed article in a scholarly journal
Copyright notice
2005, Eastern Asia Society for Transportation Studies