Commuters' valuation of travel time variability

The value given by commuters to the variability of travel times is empirically analysed using stated preference data from Barcelona (Spain). Respondents are asked to choose between alternatives that differ in terms of cost, average travel time, variability of travel times and departure time. Differe...

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Detalhes bibliográficos
Autores: Asensio Ruiz de Alda, Francisco Javier|||0000-0002-5341-7120, Matas i Prat, Anna|||0000-0001-8395-3533
Formato: artículo
Fecha de publicación:2008
País:España
Recursos:Universitat Autònoma de Barcelona
Repositorio:Dipòsit Digital de Documents de la UAB
Idioma:inglés
OAI Identifier:oai:ddd.uab.cat:288870
Acesso em linha:https://ddd.uab.cat/record/288870
https://dx.doi.org/urn:doi:10.1016/j.tre.2007.12.002
Access Level:acceso abierto
Palavra-chave:Commuting
Stated preference
Travel time variability
Value of time
Descrição
Resumo:The value given by commuters to the variability of travel times is empirically analysed using stated preference data from Barcelona (Spain). Respondents are asked to choose between alternatives that differ in terms of cost, average travel time, variability of travel times and departure time. Different specifications of a scheduling choice model are used to measure the influence of various socioeconomic characteristics. Our results show that travel time variability is valued on average 2.4 times more than travel time savings. Heterogeneity among commuters in terms of restrictions about the starting work time is shown to have significant effects on the value of travel time variability.