Czajkowski, Mikołaj; Giergiczny, Marek; Kronenberg, Jakub - Wydział Nauk Ekonomicznych, Uniwersytet Warszawski - 2015
The treatment of the opportunity cost of travel time in travel cost models has been an area of research interest for many decades. This analysis develops a methodology to combine the travel distance and travel time data with respondent-specific estimates of the value of travel time savings. The...