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A common way to determine values of travel time and schedule delay is to estimate departure time choice models, using stated preference (SP) or revealed preference (RP) data. The latter are used less frequently, mainly because of the di fficulties to collect the data required for the model...
Persistent link: https://www.econbiz.de/10014041912
We estimate a revealed-preference scheduling model of morning peak behaviour that allows us to determine the impact of traffic information on traveler behaviour. Specifically, we distinguish between the marginal impact of expected travel times versus that of deviations from this expectation upon...
Persistent link: https://www.econbiz.de/10014193215
Theoretical and empirical studies of consumer scheduling behavior in commuting, and the associated valuation of time and schedule delays usually ignore that consumers have more exibility to adjust their schedule in the longer run than in the shorter run, implying that also these valuations may...
Persistent link: https://www.econbiz.de/10013117239
This paper proposes an alternative, dynamic framework for estimating time-varying values of travel time savings and values of schedule delay, in which time-preferences are represented as the time-varying excess willingness to pay (EWPT) to being in the one location, over being elsewhere. It is...
Persistent link: https://www.econbiz.de/10014224554
This paper analyzes the possibilities to relieve congestion using rewards instead of taxes, as well as combinations of rewards and taxes. The model considers a Vickrey-ADL model of bottleneck congestion with endogenous scheduling. With inelastic demand, a fine (time-varying) reward is equivalent...
Persistent link: https://www.econbiz.de/10014193583
Congestion levels have grown substantially in recent years, while the traditional economic response to congestion – road pricing – remains politically infeasible in most locations. Tradable permits are likely to be a more viable alternative, because they do not require a net financial flow...
Persistent link: https://www.econbiz.de/10014108554
With congestion being one of the most important externalities in transportation, it remains important to investigate effective and politically feasible solutions for it. We have conducted an 8-week experiment with tradable mobility permits, specifically applied to the use of parking facilities...
Persistent link: https://www.econbiz.de/10013234820
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