Commuters’ valuation of travel time variability in Barcelona

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Commuters’ valuation of travel time variability in Barcelona

Author Info

Anna Matas () (Departament d'Economia Aplicada, Universitat Autonoma de Barcelona)
Javier Asensio () (Departament d'Economia Aplicada, Universitat Autonoma de Barcelona)

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Javier Asensio

Abstract

The value given by commuters to the variability of travel times is empirically analysed using stated preference data from Barcelona (Spain). Respondents are asked to choose between alternatives that differ in terms of cost, average travel time, variability of travel times and departure time. Different specifications of a scheduling choice model are used to measure the influence of various socioeconomic characteristics. Our results show that travel time variability.

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Paper provided by Department of Applied Economics at Universitat Autonoma of Barcelona in its series Working Papers with number wpdea0701.

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Length: 23 pages
Date of creation: Jan 2007
Date of revision:
Handle: RePEc:uab:wprdea:wpdea0701

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Find related papers by JEL classification:
D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
R41 - Urban, Rural, and Regional Economics - - Transportation Systems - - - Transportation: Demand, Supply, and Congestion

This paper has been announced in the following NEP Reports:

NEP-ALL-2007-02-24 (All new papers)
NEP-URE-2007-02-24 (Urban & Real Estate Economics)

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

Kenneth A. Small & Clifford Winston & Jia Yan, 2005. "Uncovering the Distribution of Motorists' Preferences for Travel Time and Reliability," Econometrica, Econometric Society, vol. 73(4), pages 1367-1382, 07. [Downloadable!] (restricted)
Small, Kenneth A, 1982. "The Scheduling of Consumer Activities: Work Trips," American Economic Review, American Economic Association, vol. 72(3), pages 467-79, June. [Downloadable!] (restricted)
Lam, T.C. & Small, K.A., 2000. "The Value of Time and Reliability: Measurement from a Value Pricing Experiment," Papers 00-02, California Irvine - School of Social Sciences.
Noland, Robert B. & Small, Kenneth A. & Koskenoja, Pia Maria & Chu, Xuehao, 1998. "Simulating travel reliability," Regional Science and Urban Economics, Elsevier, vol. 28(5), pages 535-564, September. [Downloadable!] (restricted)
Other versions:
- Noland, R.B. & Small, K.A. & Koskenoja, P.M. & Chu, X., 1996. "Simulating Travel Reliability," Papers 95-96-7, California Irvine - School of Social Sciences.

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