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In this paper, we derive a structural model for commuting speed. We presumethat commuting speed is chosen to minimise commuting costs, which encompass bothmonetary and time costs. At faster speed levels, the monetary costs increase, but the timecosts fall. Using data from Great Britain, we...
Persistent link: https://www.econbiz.de/10011338008
Persistent link: https://www.econbiz.de/10002200695
This discussion paper resulted in a publication in the 'Journal of Transport Economics and Policy', 2006, 40(2), 279-296.<P> In this paper, we derive a structural model for commuting speed. We presume that commuting speed is chosen to minimise commuting costs, which encompass both monetary and time...</p>
Persistent link: https://www.econbiz.de/10011255712
In this paper, we derive a structural model for commuting speed. We presume that commuting speed is chosen to minimise commuting costs, which encompass both monetary and time costs. At faster speed levels, the monetary costs increase, but the time costs fall. Using data from Great Britain, we...
Persistent link: https://www.econbiz.de/10005209517
Although urban economics theory predicts that households with higher incomes have different commuting time patterns than low income households, the direction of the effect is ambiguous. From a “value of time” perspective, one can argue that high income households may have shorter commuting...
Persistent link: https://www.econbiz.de/10005817765
Although urban economics theory predicts that households with higher incomes have different commuting time patterns than low income households, the direction of the effect is ambiguous. From a "value of time” perspective, one can argue that high income households may have shorter commuting...
Persistent link: https://www.econbiz.de/10011324742
In this paper, we derive a structural model for commuting speed. We presumethat commuting speed is chosen to minimise commuting costs, which encompass bothmonetary and time costs. At faster speed levels, the monetary costs increase, but the timecosts fall. Using data from Great Britain, we...
Persistent link: https://www.econbiz.de/10010325545
Persistent link: https://www.econbiz.de/10007269214
Persistent link: https://www.econbiz.de/10000328742