Valuing travel time savings: A case of short-term or long term choices?

被引:31
作者
Beck, Matthew J. [1 ]
Hess, Stephane [2 ,3 ]
Cabral, Manuel Ojeda [2 ]
Dubernet, Ilka [4 ]
机构
[1] Univ Sydney, Inst Transport & Logist Studies, 378 Abercrombie St, Sydney, NSW 2008, Australia
[2] Univ Leeds, Inst Transport Studies, 30-40 Univ Rd, Leeds LS2 9JT, W Yorkshire, England
[3] Univ Leeds, Choice Modelling Ctr, 30-40 Univ Rd, Leeds LS2 9JT, W Yorkshire, England
[4] ETH, Inst Transport Planning & Syst IVT, Stefano Franscini Pl 5, CH-8093 Zurich, Switzerland
基金
欧洲研究理事会;
关键词
Value of time; Commuting; WTA; WTP; Short and long-term choices; Framing effects; WILLINGNESS-TO-PAY; COMMUTING TIME; PREFERENCE; RELIABILITY; VALUATION; VALUES; ACCEPT; INCOME; WTP;
D O I
10.1016/j.tre.2017.02.001
中图分类号
F [经济];
学科分类号
02 ;
摘要
The valuation of travel time is of crucial importance in many transport decisions. Most studies make use of data framed around short-terin 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. We 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, our results call for more research into how time-cost trade-offs should be represented with stated preference. (C) 2017 Elsevier Ltd. All rights reserved.
引用
收藏
页码:133 / 143
页数:11
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