The Response of Urban Travel Mode Choice to Parking Fees considering Travel Time Variability

Table 4

Estimated results with socioeconomic factors and restrictions (Model 2).

Variable	Coefficient	t-test
Constant-bus	−0.374	−3.30
Constant-metro	0.820	1.98
Cost	−0.170	−2.78
Average travel time	−0.115	−2.45
Travel time variability	−0.082	−2.02
Comfort	0.007	0.03
Income_car	2.33	2.69
Age_car	1.23	1.86
Maximum delay ≤ 10 mins	−0.576	−2.64
Observations	1324
Log likelihood	−962.01
McFadden R-squared	0.359