The Value of Time and Reliability: Measurement from a Value Pricing Experiment
AbstractWe measure values of time and reliability from 1998 data on actual behavior of commuters on State Route 91 in Orange Country, California, where they choose between a free and a variably-tolled route. For each route at each time of day and for each day of the week, the distribution of travel times across different weeks is measured using loop detector data.
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Bibliographic InfoPaper provided by California Irvine - School of Social Sciences in its series Papers with number 00-02.
Length: 35 pages
Date of creation: 2000
Date of revision:
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Postal: UNIVERSITY OF CALIFORNIA IRVINE, SCHOOL OF SOCIAL SCIENCES, IRVINECALIFORNIA 91717 U.S.A.
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Other versions of this item:
- Lam, Terence C. & Small, Kenneth A., 0. "The value of time and reliability: measurement from a value pricing experiment," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 37(2-3), pages 231-251, April.
- Lam, Terence C. & Small, Kenneth A., 2003. "The Value of Time and Reliability: Measurement from a Value Pricing Experiment," University of California Transportation Center, Working Papers qt47s4z7z5, University of California Transportation Center.
- C93 - Mathematical and Quantitative Methods - - Design of Experiments - - - Field Experiments
- D3 - Microeconomics - - Distribution
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- Fosgerau, Mogens & Fukuda, Daisuke, 2010. "Valuing travel time variability: Characteristics of the travel time distribution on an urban road," MPRA Paper 24330, University Library of Munich, Germany.
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