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Journal of Geographical Systems

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01.04.2007 | Original Article

Latent lifestyle preferences and household location decisions

verfasst von: Joan L. Walker, Jieping Li

Erschienen in: Journal of Geographical Systems | Ausgabe 1/2007

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Abstract

Lifestyle, indicating preferences towards a particular way of living, is a key driver of the decision of where to live. We employ latent class choice models to represent this behavior, where the latent classes are the lifestyles and the choice model is the choice of residential location. Thus, we simultaneously estimate lifestyle groups and how lifestyle impacts location decisions. Empirical results indicate three latent lifestyle segments: suburban dwellers, urban dwellers, and transit-riders. The suggested lifestyle segments have intriguing policy implications. Lifecycle characteristics are used to predict lifestyle preferences, although there remain significant aspects that cannot be explained by observable variables.

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Note that the exception is the 2-stage approach employed by Krizek and Waddell (2003). However, the two approaches are fundamentally different in that Krizek and Waddell assume that the lifestyle group implies homogeneous choices, whereas the latent class choice model approach assumes the lifestyle group implies homogeneous preferences.

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Titel: Latent lifestyle preferences and household location decisions
verfasst von: Joan L. Walker
Jieping Li
Publikationsdatum: 01.04.2007
Verlag: Springer-Verlag
Erschienen in: Journal of Geographical Systems / Ausgabe 1/2007
Print ISSN: 1435-5930
Elektronische ISSN: 1435-5949
DOI: https://doi.org/10.1007/s10109-006-0030-0

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