Showing 1 - 10 of 2,526
Persistent link: https://www.econbiz.de/10000976077
Persistent link: https://www.econbiz.de/10001503283
This paper positions time in the centre of spatial economic analysis, with a particular view on transport behaviour …. The conventional assumption is that there is for most people in our society a constant travel time budget, so that higher … would require lower levels of mobility. Recently, the scientific construct of a so-called "time pioneer" has been introduced …
Persistent link: https://www.econbiz.de/10010372859
passengers exhibit a higher time valuation, and a less price-elastic demand, than leisure passengers. Our main result is the … identification of the time-valuation effect of price discrimination, which can work in the opposite direction as the well …-known output effect on welfare. This time-valuation effect clearly explains why discriminating prices can improve welfare even when …
Persistent link: https://www.econbiz.de/10010421801
commuting costs, which encompass bothmonetary and time costs. At faster speed levels, the monetary costs increase, but the … of variabIe monetary costs to travel time costs is0.14. …
Persistent link: https://www.econbiz.de/10011338008
The value of travel time plays an important role in cost benefit analysis of infrastructureprojects. However, the issue … of uncertainty on travel times and the implications this has forestimations of travel time values has received much less … thatignoring uncertainty issues may easily lead to distorted estimates of values of travel time. Thisis of special relevance in …
Persistent link: https://www.econbiz.de/10011333900
Most evidence of hyperbolic discounting is based on violations of either stationarity or time consistency as observed … in choice experiments. These choice reversals may however also result from time-varying discount rates. Hyperbolic … discounting is a plausible explanation for choice reversals only if violations of stationarity and time consistency overlap. Our …
Persistent link: https://www.econbiz.de/10011307819
Persistent link: https://www.econbiz.de/10000921077
Persistent link: https://www.econbiz.de/10000934401
Persistent link: https://www.econbiz.de/10003787145