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A THEORY AND METHODOLOGY ARE PRESENTED FOR ESTMATNG A ROAD-USER

COST FUNCTON USNG DVERSON CURVE DATA. THE THEORY OF DVERSON


CURVES S PRESENTED AS BENG A PROBABLTY DENSTY FUNCTON WTH NORMAL
DSTRBUTON. THE PONT N THE DENSTY FUNCTON ASSOCATED WTH A GVEN
PROPORTON OF FREEWAY USAGE S RELATED TO A GENERALZED COST
DFFERENCE EQUATON DESCRBNG THE COMPARATVE COSTS OF USNG THE
FREEWAY AS OPPOSED TO THE BEST ALTERNATE THE PARAMETERS OF THE COST
FUNCTON ARE THEN DERVED USNG REGRESSON TECHNQUES. THE ROAD-USER
COST EQUATON DERVED FROM THS ANALYSS AGREES QUTE WELL WTH
THEORETCAL PREDCTONS AND WTH RESULTS OBTANED FROM OTHER STUDES
WHERE RELATONSHPS BETWEEN THE VAROUS COMPONENTS OF ROAD- USER
COST AND SPEED OF TRAVEL HAVE BEEN DERVED AND PRCED OUT TO OBTAN A
USER COST FUNCTON. THS GENERAL AGREEMENT OF RESULTS MPLES THAT
DRVERS TEND TO BEHAVE N A COST-CONSCOUS MANNER AND THAT THE COST
FUNCTON OF THE AVERAGE DRVER APPROXMATES THAT OBTANED FROM THE
PRCNG STUDES. /AUTHOR/

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