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
相关论文
共 50 条
  • [21] Communications in physiology: Short-term and long-term time scales
    Hoyer, Dirk
    Stein, Phyllis K.
    Schmidt, Hendrik
    INFLAMMATION RESEARCH, 2007, 56 : S231 - S231
  • [22] FLEX-TIME - SHORT-TERM BENEFITS - LONG-TERM
    RAINEY, GW
    WOLF, L
    PUBLIC ADMINISTRATION REVIEW, 1981, 41 (01) : 52 - 63
  • [23] SHORT-TERM PSYCHOTHERAPY OF "PHOBIA OF TRAVEL"
    Friedman, Jacob H.
    AMERICAN JOURNAL OF PSYCHOTHERAPY, 1950, 4 (02) : 259 - 278
  • [24] Short-term versus long-term rainfall time series in the assessment of potable water savings by using rainwater in houses
    Ghisi, Enedir
    Cardoso, Karla Albino
    Rupp, Ricardo Forgiarini
    JOURNAL OF ENVIRONMENTAL MANAGEMENT, 2012, 100 : 109 - 119
  • [25] Short-term Travel Time Estimation and Prediction for Long Freeway Corridor using NN and regression
    Wang, J. Y.
    Wong, K. I.
    Chen, Y. Y.
    2012 15TH INTERNATIONAL IEEE CONFERENCE ON INTELLIGENT TRANSPORTATION SYSTEMS (ITSC), 2012, : 582 - 587
  • [26] Prediction of Travel Purpose Based on the Long Short-Term Memory Network
    Zhang, Yan
    Zhao, De
    CICTP 2023: INNOVATION-EMPOWERED TECHNOLOGY FOR SUSTAINABLE, INTELLIGENT, DECARBONIZED, AND CONNECTED TRANSPORTATION, 2023, : 1029 - 1039
  • [27] SHORT-TERM AND LONG-TERM QUESTIONS
    SVEIKAUSKAS, L
    MONTHLY LABOR REVIEW, 1976, 99 (05) : 59 - 60
  • [28] LONG-TERM VS SHORT-TERM
    PORTER, JR
    FORTUNE, 1986, 114 (05) : 20 - 20
  • [29] Short-term Load Forecasting with Distributed Long Short-Term Memory
    Dong, Yi
    Chen, Yang
    Zhao, Xingyu
    Huang, Xiaowei
    2023 IEEE POWER & ENERGY SOCIETY INNOVATIVE SMART GRID TECHNOLOGIES CONFERENCE, ISGT, 2023,
  • [30] Plan long term, deliver short-term
    Dugger, R
    DATAMATION, 1996, 42 (17): : 35 - 35