Source: adapted from EPA420-R-97-007.
MEPLAN Transportation / Land Use Model
This model is derived from the Lowry model, but considers more comprehensively
the housing market and its influence on the location of the population.
It includes the now classic bid-rent theory where individuals select
their residential locations as a compromise between their willingness
to pay for residence at a location and the related transportation costs.
Once this procedure has been resolved, the data is feed in a four-stage
transportation / land use model, which considers the retroactive effects
congestion can have on the friction of distance, trip generation, trip
distribution and residential location.