Incorporating spatial econometric tools in Hedonic Pricing (HP) models for environmental valuation has become the standard approach in the literature. The effect of house prices on other house prices is taken into account and usually measured by distance or contiguity in spatial weight matrices....

Numerous travel demand studies have been carried out over the past five decades, many of which produce estimates of the value of travel time. This includes a rich body of largely unpublished evidence, which can provide valuable insights into the impact of variables such as GDP, travel distance,...

The aim of this paper is to report new evidence relating to residents’ valuations of aircraft noise in three countries with an emphasis on a comparison of the valuations obtained using two contrasting approaches. One might be regarded as a standard stated choice approach offering pairwise...

<title>Abstract</title> The paper reports on an innovative application of stated preference techniques to derive values of aircraft noise by time of day and by day of week. Revealed preference techniques cannot provide such segmentations, which would clearly be of use in policy development, especially relating...

This paper provides an extensive review and reconciliation of British and European evidence relating to the value of, and demand responses to, rail reliability. In particular, we compare the elasticities implied by stated preference valuations of late time with directly estimated lateness...

This authoritative new collection gathers together the issues important to the understanding of the challenges and problems of modern rail transport.

The layout of seating within train carriages, of which there are numerous possibilities, and also the occupancy of that seating can be expected to impact on passengers’ experiences of a train journey. However, there is very little evidence on how rail passengers value different seating...

This paper reports research on the valuations of public transport time relative to car travel time and on the valuations of the walk time, wait time and service headway associated with public transport use. The results are derived from a meta-analysis of a very large data set of British...