ApolloChoiceModelling forum

Hi

I am trying to enter the utility function such that I multiply the wage rate with the travel time to get the travel time cost. Do i enter the wage rate as a socioeconomic variable ? if i enter it as a socioeconomic variable such that the utility is of the form
b_t1=cc+b_t*(WR)
V[['car']] = asc_car_value+ (b_t1*TTUC)+b_t2*TCCUC

would my b_t1*TTUC be equal to converting my travel time to travel time cost?

supposing I convert the travel time to travel time cost externally do i enter it as an service attribute or as a socio-economic attribute ?

Hi

apologies for the delayed response, this post had got lost.

If you wanted to express time as cost, you could do that calculation outside Apollo, in the data

Stephane