The influence of (toll-related) travel costs in residential location decisions of households: A stated choice approach
In this paper, we investigate the impact of travel costs, in particular toll costs, on the residential location choice of households, using a stated choice survey. Within the stated choice experiment, car drivers that frequently face traffic congestion, traded-off several trip-related (including toll costs) and house/location-related factors in their decision where to locate. If we look at the influence of different variables, toll and fuel costs seem to be important. Respondents are more sensitive to travel costs (i.e. toll and fuel costs) than to equally high (monthly) housing costs. Travel time appears to play a less important role, as indicated by a low value of time (VOT). In addition, location-related factors, such as the type of location and the number of bedrooms, turn out to be important factors as well. It can be concluded that respondents generally speaking prefer to pay higher housing costs and accept longer travel times to avoid (high) travel costs. Finally, if we look at the difference in preferences in relation to toll and fuel cost, we can conclude that toll costs are valued more negatively than fuel costs, although the differences are small.
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Availability:
- Find a library where document is available. Order URL: http://worldcat.org/issn/09658564
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Supplemental Notes:
- Abstract reprinted with permission from Elsevier
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Authors:
- Tillema, Taede
- van Wee, Bert
- Ettema, Dick
- Publication Date: 2010-12
Language
- English
Media Info
- Media Type: Print
- Features: Figures; References; Tables;
- Pagination: pp 785-796
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Serial:
- Transportation Research Part A: Policy and Practice
- Volume: 44
- Issue Number: 10
- Publisher: Elsevier
- ISSN: 0965-8564
- Serial URL: http://www.sciencedirect.com/science/journal/09658564
Subject/Index Terms
- TRT Terms: Choice models; Households; Logits; Residential location; Road pricing; Surveys; Tolls; Travel costs
- Subject Areas: Finance; Highways; Planning and Forecasting; I10: Economics and Administration; I72: Traffic and Transport Planning;
Filing Info
- Accession Number: 01320948
- Record Type: Publication
- Files: TRIS, ATRI
- Created Date: Nov 29 2010 7:39AM