• Corpus ID: 248665911

Comparing value of travel time and value of travel time saving with heterogeneity in travelers

@inproceedings{Yu2022ComparingVO,
  title={Comparing value of travel time and value of travel time saving with heterogeneity in travelers},
  author={Lijun Yu and Bao Yuan He},
  year={2022}
}
In research on the value of past time, the value of travel time and the value of saving travel time are two different concepts that have been vaguely distinguished over an extended period of time. This paper applies the theory of perspectives to discuss differences in the value of travel time and savings in travel time between different respondent groups and under different models. To this end, this paper designs an RP-SP questionnaire for urban travel behaviour, and collects data on the travel… 

References

SHOWING 1-10 OF 72 REFERENCES

THE VALUE OF TRAVEL TIME SAVINGS IN EVALUATION

A joint time-assignment and expenditure-allocation model: value of leisure and value of time assigned to travel for specific population segments

TLDR
The first mode-specific values of time assigned to travel (VTAT) were calculated, and it is found that the VTAT is strictly negative for walking, predominantly negative for cycling and car, and predominantly positive for public transport, suggesting that improvements in travel conditions of public transport might be as important as investing in shorter travel times.

Value of travel time as a function of comfort

The value of travel time savings and the value of leisure in Zurich: Estimation, decomposition and policy implications

Valuation of Travel Time Savings in Viewpoint of WTA

TLDR
The willingness-to-accept (WTA) for the private car owner is studied and it is found that WTA is much higher than expected which implies that there are a group of drivers who are not prone to switching to other trip modes other than passenger car.

Travel Choice Behavior Model Based on Mental Accounting of Travel Time and Cost

This paper analyzes the utility calculation principle of travelers from the perspective of mental accounting and proposes a travel choice behavior model that considers travel time and cost (MA-TC

How do passengers use travel time? A case study of Shanghai–Nanjing high speed rail

Traditional travel behavior theory regards travel time as a waste. Recent studies suggest that it carries a positive utility, among other reasons for the benefit of the activities conducted while

An empirical investigation of values of travel time savings from stated preference data and revealed preference data

ABSTRACT A number of studies have found that the willingness-to-pay (WTP) results estimated from revealed preference (RP) and stated preference (SP) data tend to be different. In this paper, we
...