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A common way to determine values of travel time and schedule delay is to estimate departure time choice models, using stated preference (SP) or revealed preference (RP) data. The latter are used less frequently, mainly because of the difficulties to collect the data required for the model...
Persistent link: https://www.econbiz.de/10010730393
Persistent link: https://www.econbiz.de/10010867466
This paper proposes an alternative, dynamic framework for estimating time-varying values of travel time savings and values of schedule delay, in which time-preferences are represented as the time-varying excess-willingness-to-pay (EWPT) to being in the one location, over being elsewhere. It is...
Persistent link: https://www.econbiz.de/10005191667
It can be imagined that a reward may be a far more popular policy instrument than the traditional taxation approach towards containing externalities, usually presented in public economics literature. Given the implied policy potential, we conducted an extensive reward experiment in real world...
Persistent link: https://www.econbiz.de/10010595138