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Consumer's surplus and the value of travel time savings

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  • Jara-Diaz, Sergio R.
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    Abstract

    The implications of evaluating travel time savings from changes in consumer's surplus derived from discrete choice models are examined, and this approach is related to and compared with the standard procedure based on time pricing.

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    File URL: http://www.sciencedirect.com/science/article/B6V99-466FJ7P-4K/2/50220ff5852aa0abe416dd887b3dda0d
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    Bibliographic Info

    Article provided by Elsevier in its journal Transportation Research Part B: Methodological.

    Volume (Year): 24 (1990)
    Issue (Month): 1 (February)
    Pages: 73-77

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    Handle: RePEc:eee:transb:v:24:y:1990:i:1:p:73-77

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    Cited by:
    1. Francisco Javier Amador & Rosa Marina González & Juan de Dios Ortúzar, 2004. "Preference heterogeneity and willingness to pay for travel time," Documentos de trabajo conjunto ULL-ULPGC 2004-12, Facultad de Ciencias Económicas de la ULPGC.
    2. Lei Zhang & David Levinson, 2006. "Determinants of Route Choice and the Value of Traveler Information," Working Papers 200808, University of Minnesota: Nexus Research Group.
    3. Lei Zhang & Feng xie & David Levinson, 2007. "Illusion of Motion: Variation of Subjective Value of Travel Time on Freeways and Ramp Meters," Working Papers 200903, University of Minnesota: Nexus Research Group.

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