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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 relationship between speed and income is found again in the empirical …
Persistent link: https://www.econbiz.de/10005062524
The relationship between speed and income is established in a microeconomic 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 relationship between speed and income is found again in the empirical …
Persistent link: https://www.econbiz.de/10005620057
This paper studies the interaction between urban spatial equilibrium and commuting congestion dynamics. We present a …
Persistent link: https://www.econbiz.de/10012896192
This paper studies the interaction between dynamic traffic congestion and urban spatial equilibrium, using a model that is a straight unification of the Vickrey (1969) bottleneck congestion model and the Alonso (1964) monocentric city model. In a monocentric city with a bottleneck at the...
Persistent link: https://www.econbiz.de/10012943890
Using a range of nonparametric methods, the paper examines the specification of a model to evaluate the willingness-to-pay (WTP) for travel time changes from binomial choice data from a simple time-cost trading experiment. The analysis favours a model with random WTP as the only source of...
Persistent link: https://www.econbiz.de/10005836796
This paper considers the value of travel time variability under scheduling preferences that are de�fined in terms of linearly time-varying utility rates associated with being at the origin and at the destination. The main result is a simple expression for the value of travel time variability...
Persistent link: https://www.econbiz.de/10011258759
This paper analyzes traffic bottleneck congestion when drivers randomly cause incidents that temporarily block the bottleneck. Drivers have general scheduling preferences for time spent at home and at work. They independently choose morning departure times from home to maximize expected utility...
Persistent link: https://www.econbiz.de/10010703149
This paper studies how response times vary between unlabeled binary choice occasions in a stated choice (SC) experiment, with alternatives differing with respect to in-vehicle travel time and travel cost. The pattern of response times is interpreted as an indicator of the cognitive processes...
Persistent link: https://www.econbiz.de/10011166045
We consider dynamic congestion in an urban setting where trip origins are spatially distributed. All travelers must pass through a downtown bottleneck in order to reach their destination in the CBD. Each traveler chooses departure time to maximize general concave scheduling utility. We find...
Persistent link: https://www.econbiz.de/10011107266
This paper considers a congested bottleneck. A fast lane reserves a more than proportional share of capacity to a designated group of travelers. Travelers are otherwise identical and other travelers can use the reserved capacity when it would otherwise be idle. The paper shows that such a fast...
Persistent link: https://www.econbiz.de/10011108791