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Value of Time

   
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Title: Value of Time
 
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Subject: Business
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Date: January 7, 2007
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Length: 10 / 2529
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These decisions generally consist of a choice made among a finite set of alternatives. An example of sequence of choices in the context of transportation demand is described in Figure 1: choice of an activity (play-yard), choice of destination (6th street), choice of departure time (early), choice of transportation mode (bike) and choice of itinerary (local streets)...
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Apart from that, it allows for obtaining prediction of future states of the considered system, controlling or influencing its behavior and optimizing its performances. The complex system under consideration here is a specific aspect of human behavior devoted to some choice decisions...
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