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We employ a semi-parametric estimation approach to analyse observed and unobserved heterogeneity in the value of savings in travel time and schedule delay. Our econometric approach allows for the estimation of unobserved and observed heterogeneity in preferences in a flexible way, meaning that...
Persistent link: https://www.econbiz.de/10011271951
price-sensitive demand and asymmetric transport costs, in the context of transport scheduling. Two competitors choose fares …
Persistent link: https://www.econbiz.de/10011255566
into account travel time cost, scheduling cost and the cost of missing a flight. In this model, the value of reliability …
Persistent link: https://www.econbiz.de/10011255670
stochastic state variable. Retrieval of these experiences is probabilistic and subject to error. We apply the model to scheduling …
Persistent link: https://www.econbiz.de/10011255773
We derive the expected user costs of US domestic air travel delay variability taking into account scheduling behavior … of travelers. Travelers do not only consider mean arrival delays, but also face scheduling costs because they arrive too …
Persistent link: https://www.econbiz.de/10011256074
In travel surveys most respondents apply rounding of departure andarrival times to multiples of 5, 15 and 30minutes: in the annual Dutch travel survey about 85-95 percent of allreported times are 'round' ones. We estimaterounding models for departure and arrival times. The model allows oneto...
Persistent link: https://www.econbiz.de/10011256774