Presenting traveller preference heterogeneity in the context of agency theory: understanding and minimising the agency problem
In this paper agency theory has been used to interpret traveller preference heterogeneity in mode choice to understand agency problems. An agency problem is defined as a principal’s dissatisfaction with the outcome of an agent’s performance. Sydney statistical division travellers are considered as t...
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Taylor & Francis Group
2016-01-01
|
| Series: | Urban, Planning and Transport Research |
| Subjects: | |
| Online Access: | http://dx.doi.org/10.1080/21650020.2016.1139465 |