- Metadata
- Author: Saeed Shakib
- Tags: #transportation #academic
- Life Style
<-> Long-term decision (location choice) <-> Mid-term decision (car ownership) <-> Short-term decision (daily travel)
- COVID created unprecedented short-term behavior
- Designed a study to assess the different layers of decisions
- What happens to those who already had plans to relocate
- What happens to those who had no issues with their residence
- Also, how are households behaving in the new emerging market
- In a stable market, utility maximizing theory seems reasonable; in an unstable market, does utility maximizing still hold?
- Secretary problem solvers might be more applicable?
- Once you interview a person, you have to make the decision, once you wait the market will change
- Stated Preference Design
- Attributes
- Dwelling type, region, price, area, tenure type, neighborhood, access to public transit, access to highway, parking availability, walk access to school, office hours, telecommuting option
- Conditions
- Ask the scenario in 3 different conditions
- COVID is no longer considered a thread due to vaccine
- COVID is a new normal
- COVID creates a second wave and we go into shutdown
- Scenario Design
- See the independent affect of each attribute, but that requires a huge sample size
- Takes synthetic variance and covariance matrix and minimize it so it approaches independence for the attributes
- Sample
- From early July to late July
- 75% response rate
- Sample distribution is closely matching the population distribution
- Findings
- Factors that affect long-term choice before the pandemic and after pandemic shifted such that proximity to services and stores is no longer important
- No trends in relocation was found
- Conclusions
- Based on this study, COVID seems to be a sudden shock in the system and not a long term effect