A RANDOM MATCHING MODEL FOR JOINT TRIPS PRODUCTION WITHIN HOUSEHOLDS

Abstract

This paper presents a random matching model for within-family joint trips production made by two family members. Our major concern is upon an explicit consideration of decision interactions between those who are involved in joint trips production. The random matching model has an advantage in incorporating psychological interactions based upon economic, altruistic, and paternalistic motives between joint-trip makers. The applicability of the proposed model is tested against the empirical data set.