Valuing travel time savings: A case of short-term or long term choices?
The valuation of travel time is of crucial importance in many transport decisions. Most studies make use of data framed around short-term decisions such as route choice. However, people may have a greater ability to trade time and money in a longer term setting, such as when considering changes in residential or employment locations. The authors study the value of travel time in both the short and long-term, finding differences in the valuations. Given the importance of these valuations for policy making, their results call for more research into how time-cost trade-offs should be represented with stated preference.
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Availability:
- Find a library where document is available. Order URL: http://worldcat.org/issn/13665545
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Supplemental Notes:
- Abstract reprinted with permission of Elsevier.
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Authors:
- Beck, Matthew J
- Hess, Stephane
- Cabral, Manuel Ojeda
- Dubernet, Ilka
- Publication Date: 2017-4
Language
- English
Media Info
- Media Type: Web
- Features: References; Tables;
- Pagination: pp 133-143
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Serial:
- Transportation Research Part E: Logistics and Transportation Review
- Volume: 100
- Issue Number: 0
- Publisher: Elsevier
- ISSN: 1366-5545
- Serial URL: http://www.sciencedirect.com/science/journal/13665545
Subject/Index Terms
- TRT Terms: Commuting; Decision making; Travel behavior; Travel time; Value of time
- Subject Areas: Planning and Forecasting; Transportation (General);
Filing Info
- Accession Number: 01629864
- Record Type: Publication
- Files: TRIS
- Created Date: Mar 27 2017 9:26AM