Acceleration principle (Economics), Travel -- Decision making, Travel -- Forecasting, Urban transportation -- Planning
Researchers are using activity-based survey data to better understand the nature of the derived demand for travel. However, a strong theoretical construct for derived demand has yet to be developed. In order to understand the ramifications of considering travel as a derived demand, it is necessary to review some of the basic tenets of economics.
Some activities require travel (i.e. shopping or picking up children from daycare), while others are conducted entirely within the confines of the home. There is a set of activities that can be conducted either in or out of the home. A need to travel arises out of the choice to conduct one of these activities out of the home. This study uses a microeconomic framework to examine the decision to travel, using “new home economics” and related home production approaches.
Lawson, Catherine T., "Household Travel/Activity Decisions: Who wants to Travel?" (1998). Center for Urban Studies Publications and Reports. 27.