Russo, Giovanni; Ommeren, Jos; Rietveld, Piet - In: Transportation 39 (2012) 6, pp. 1121-1132
Using a dynamic approach, employing data on job mobility, we demonstrate that university workers’ marginal willingness to pay for reducing commuting distance is about €0.25 per kilometre travelled. This corresponds to a marginal willingness to pay for reducing commuting time of about 75 %...