Showing 1 - 10 of 16
Using nonparametric methods, the paper examines the specification of a model to evaluate the distribution of willingness-to-pay (WTP) for travel time savings from binomial choice data from a simple time-cost trading experiment involving four public transport modes. A formulation in preference...
Persistent link: https://www.econbiz.de/10005556185
The paper presents an analysis of the income elasticity of the value of travel time savings (VTTS). It expands on previous micro-econometric estimates of the VTTS on binary choice experimental data by accounting for income taxes, for the dependence of trip length on income and for the stochastic...
Persistent link: https://www.econbiz.de/10005556242
Using an urban land use model in which jobs and residences are spatially dispersed and mixed, we treat the general equilibrium of land, labor and product markets and the trade-off between labor supply, commuting and discretionary travel. We show that the decentralization of population and of...
Persistent link: https://www.econbiz.de/10005062510
The relationship between speed and income is established in a micro- economic model focusing on the trade-off between travel time and the risk of receiving a penalty for exceeding the speed limit. This is used to determine when a rational driver will choose to exceed the speed limit. The...
Persistent link: https://www.econbiz.de/10005062524
Since many rural commuters depend on the private car due to lack of convenient public transport, car reduction policies designed for large cities with ample public transport may be unsuitable for smaller towns. In particular, pricing policies designed to encourage public transport use may be...
Persistent link: https://www.econbiz.de/10005118968
Persistent link: https://www.econbiz.de/10005118996
This paper uses Stated Choice (SC) data to forecast the demand for an employee Park and Ride service. Since it is well known that SC data contain sources of variation not present in Revealed Preference (RP) data we pay special attention to the scaling of the SC model. The results show that the...
Persistent link: https://www.econbiz.de/10005118998
The distribution of the value of travel time savings (VTTS) is investigated employing various nonparametric techniques on a large, high quality data set. When background variables are not included in the model it is found that the right 13% tail of the distribution is not observed and hence the...
Persistent link: https://www.econbiz.de/10005119038
On 12 December 1997 the Treasurer referred international air services arrangements to the Industry Commission for inquiry and report within nine months. The Commission was asked to report on the arrangements for negotiating entitlements under air services agreements and the process of allocating...
Persistent link: https://www.econbiz.de/10005119264
On 9 July 1997 the Treasurer referred the international competitiveness of the Australian black coal industry to the Commission for inquiry and report within 12 months. The Commission is to identify ways of improving the international competitiveness of the Australian black coal industry which...
Persistent link: https://www.econbiz.de/10005556130