Tseng, Yin-Yen; Verhoef, Erik T. - In: Transportation Research Part B: Methodological 42 (2008) 7-8, pp. 607-618
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...