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Valuing Time and Reliability: Assessing the Evidence from Road Pricing Demonstrations

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Cited by:

  1. Mickaël Beaud & Thierry Blayac & Maïté Stéphan, 2014. "Measurements and properties of the values of time and reliability," Working Papers 14-06, LAMETA, Universtiy of Montpellier, revised Jul 2014.
  2. Yin-Yen Tseng, 2004. "A meta-analysis of travel time reliability," ERSA conference papers ersa04p415, European Regional Science Association.
  3. Fan Jiang & Lichao Wang & Shiyu Huang, 2022. "Analysis of the Transfer Time and Influencing Factors of Air-Rail Integration Passengers: A Case Study of Shijiazhuang Zhengding International Airport," Sustainability, MDPI, vol. 14(23), pages 1-14, December.
  4. Börjesson, Maria & Fosgerau, Mogens & Algers, Staffan, 2012. "On the income elasticity of the value of travel time," Transportation Research Part A: Policy and Practice, Elsevier, vol. 46(2), pages 368-377.
  5. Helga Fehr-Duda & Robin Schimmelpfennig, 2018. "Wider die Zahlengläubigkeit: Sind Befragungsergebnisse eine gute Grundlage für wirtschaftspolitische Entscheidungen?," ECON - Working Papers 297, Department of Economics - University of Zurich, revised Dec 2018.
  6. Prottoy Akbar & Victor Couture & Gilles Duranton & Adam Storeygard, 2023. "Mobility and Congestion in Urban India," American Economic Review, American Economic Association, vol. 113(4), pages 1083-1111, April.
  7. Philipp Ströhle & Christoph M. Flath & Johannes Gärttner, 2019. "Leveraging Customer Flexibility for Car-Sharing Fleet Optimization," Service Science, INFORMS, vol. 53(1), pages 42-61, February.
  8. Heyndrickx, Christophe & Vanheukelom, Toon & Proost, Stef, 2021. "Distributional impact of a regional road pricing scheme in Flanders," Transportation Research Part A: Policy and Practice, Elsevier, vol. 148(C), pages 116-139.
  9. Haoran He & David Neumark & Qian Weng, 2021. "Do Workers Value Flexible Jobs? A Field Experiment," Journal of Labor Economics, University of Chicago Press, vol. 39(3), pages 709-738.
  10. Uchida, Kenetsu, 2014. "Estimating the value of travel time and of travel time reliability in road networks," Transportation Research Part B: Methodological, Elsevier, vol. 66(C), pages 129-147.
  11. Fifer, Simon & Rose, John & Greaves, Stephen, 2014. "Hypothetical bias in Stated Choice Experiments: Is it a problem? And if so, how do we deal with it?," Transportation Research Part A: Policy and Practice, Elsevier, vol. 61(C), pages 164-177.
  12. Tian, Li-Jun & Huang, Hai-Jun, 2015. "Modeling the modal split and trip scheduling with commuters’ uncertainty expectation," European Journal of Operational Research, Elsevier, vol. 244(3), pages 815-822.
  13. Bliemer, Michiel C.J. & Rose, John M. & Hensher, David A., 2009. "Efficient stated choice experiments for estimating nested logit models," Transportation Research Part B: Methodological, Elsevier, vol. 43(1), pages 19-35, January.
  14. Tsoleridis, Panagiotis & Choudhury, Charisma F. & Hess, Stephane, 2022. "Deriving transport appraisal values from emerging revealed preference data," Transportation Research Part A: Policy and Practice, Elsevier, vol. 165(C), pages 225-245.
  15. Koster, Paul R. & Koster, Hans R.A., 2015. "Commuters’ preferences for fast and reliable travel: A semi-parametric estimation approach," Transportation Research Part B: Methodological, Elsevier, vol. 81(P1), pages 289-301.
  16. Deakin, Elizabeth & Dock, Fred & Garry, Gordon & Handy, Susan & McNally, Michael & Sall, Elizabeth & Skabardonis, Alex & Walker, Joan & Rheinhardt, Karl, 2020. "Calculating and Forecasting Induced Vehicle-Miles of Travel Resulting from Highway Projects: Findings and Recommendations from an Expert Panel," Institute of Transportation Studies, Research Reports, Working Papers, Proceedings qt15d2t2gf, Institute of Transportation Studies, UC Berkeley.
  17. Gabriel Loumeau, 2020. "Regional Borders, Commuting and Transport Network Integration," KOF Working papers 20-489, KOF Swiss Economic Institute, ETH Zurich.
  18. Janson, Michael & Levinson, David, 2014. "HOT or not," Research in Transportation Economics, Elsevier, vol. 44(C), pages 21-32.
  19. Anny B. Wang & W. Y. Szeto, 2020. "Bounding the Inefficiency of the Reliability-Based Continuous Network Design Problem Under Cost Recovery," Networks and Spatial Economics, Springer, vol. 20(2), pages 395-422, June.
  20. Xiao, Yu & Fukuda, Daisuke, 2015. "On the cost of misperceived travel time variability," Transportation Research Part A: Policy and Practice, Elsevier, vol. 75(C), pages 96-112.
  21. Lindsey, Robin, 2005. "Recent developments and current policy issues in road pricing in the US and Canada," European Transport \ Trasporti Europei, ISTIEE, Institute for the Study of Transport within the European Economic Integration, issue 31, pages 46-66.
  22. Fosgerau, Mogens & Bierlaire, Michel, 2007. "A practical test for the choice of mixing distribution in discrete choice models," Transportation Research Part B: Methodological, Elsevier, vol. 41(7), pages 784-794, August.
  23. David Albouy & Bert Lue, 2014. "Driving to Opportunity: Local Rents, Wages, Commuting Costs and Sub-Metropolitan Quality of Life," NBER Working Papers 19922, National Bureau of Economic Research, Inc.
  24. Kilkki, Kalevi & Hämmäinen, Heikki, 2019. "Value of Time in the Context of Communications Services," 30th European Regional ITS Conference, Helsinki 2019 205189, International Telecommunications Society (ITS).
  25. Tu, Huizhao & Li, Hao & van Lint, Hans & van Zuylen, Henk, 2012. "Modeling travel time reliability of freeways using risk assessment techniques," Transportation Research Part A: Policy and Practice, Elsevier, vol. 46(10), pages 1528-1540.
  26. Chu, Singfat, 2015. "Car restraint policies and mileage in Singapore," Transportation Research Part A: Policy and Practice, Elsevier, vol. 77(C), pages 404-412.
  27. Jennifer Roberts & Karl Taylor, 2017. "Intra-household commuting choices and local labour markets," Oxford Economic Papers, Oxford University Press, vol. 69(3), pages 734-757.
  28. Nebiyou Tilahun & David Levinson, 2005. "Value of Time Comparisons in the Presence of Unexpected Delay," Working Papers 000021, University of Minnesota: Nexus Research Group.
  29. repec:wyi:journl:002155 is not listed on IDEAS
  30. Li, Zheng & Hensher, David A., 2012. "Congestion charging and car use: A review of stated preference and opinion studies and market monitoring evidence," Transport Policy, Elsevier, vol. 20(C), pages 47-61.
  31. 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.
  32. Kent, Jennifer L. & Mulley, Corinne & Stevens, Nick, 2020. "Challenging policies that prohibit public transport use: Travelling with pets as a case study," Transport Policy, Elsevier, vol. 99(C), pages 86-94.
  33. Dixit, Vinayak V. & Harb, Rami C. & Martínez-Correa, Jimmy & Rutström, Elisabet E., 2015. "Measuring risk aversion to guide transportation policy: Contexts, incentives, and respondents," Transportation Research Part A: Policy and Practice, Elsevier, vol. 80(C), pages 15-34.
  34. Kutzbach, Mark J., 2009. "Motorization in developing countries: Causes, consequences, and effectiveness of policy options," Journal of Urban Economics, Elsevier, vol. 65(2), pages 154-166, March.
  35. Teppei Kato & Kenetsu Uchida & William H. K. Lam & Agachai Sumalee, 2021. "Estimation of the value of travel time and of travel time reliability for heterogeneous drivers in a road network," Transportation, Springer, vol. 48(4), pages 1639-1670, August.
  36. Wong, R.C.P. & Szeto, W.Y., 2022. "The effects of peak hour and congested area taxi surcharges on customers’ travel decisions: Empirical evidence and policy implications," Transport Policy, Elsevier, vol. 121(C), pages 78-89.
  37. Zhaoqi Zang & Richard Batley & Xiangdong Xu & David Z. W. Wang, 2022. "On the value of distribution tail in the valuation of travel time variability," Papers 2207.06293, arXiv.org, revised Dec 2023.
  38. Viauroux, Christelle, 2007. "Structural estimation of congestion costs," European Economic Review, Elsevier, vol. 51(1), pages 1-25, January.
  39. Helveston, John Paul & Feit, Elea McDonnell & Michalek, Jeremy J., 2018. "Pooling stated and revealed preference data in the presence of RP endogeneity," Transportation Research Part B: Methodological, Elsevier, vol. 109(C), pages 70-89.
  40. Georgina Santos & Erik Verhoef, 2011. "Road Congestion Pricing," Chapters, in: André de Palma & Robin Lindsey & Emile Quinet & Roger Vickerman (ed.), A Handbook of Transport Economics, chapter 23, Edward Elgar Publishing.
  41. Richard T. Carson, 2011. "Contingent Valuation," Books, Edward Elgar Publishing, number 2489.
  42. Wang, Judith Y.T. & Ehrgott, Matthias & Chen, Anthony, 2014. "A bi-objective user equilibrium model of travel time reliability in a road network," Transportation Research Part B: Methodological, Elsevier, vol. 66(C), pages 4-15.
  43. Krčál, Ondřej & Peer, Stefanie & Staněk, Rostislav & Karlínová, Bára, 2019. "Real consequences matter: Why hypothetical biases in the valuation of time persist even in controlled lab experiments," Economics of Transportation, Elsevier, vol. 20(C).
  44. Bert van Wee & Caspar Chorus & Karst T. Geurs, 2012. "ICT and accessibility: research synthesis and future perspectives," Chapters, in: Karst T. Geurs & Kevin J. Krizek & Aura Reggiani (ed.), Accessibility Analysis and Transport Planning, chapter 3, pages 37-53, Edward Elgar Publishing.
  45. Raux, Charles, 2005. "Comments on 'The London congestion charge: a tentative economic appraisal' ()," Transport Policy, Elsevier, vol. 12(4), pages 368-371, July.
  46. Álvarez, Óscar & Cantos, Pedro & Garci­a, Leandro, 2007. "The value of time and transport policies in a parallel road network," Transport Policy, Elsevier, vol. 14(5), pages 366-376, September.
  47. Elisa Guglielminetti & Rafael Lalive & Philippe Ruh & Etienne Wasmer, 2019. "Home Sweet Home? Job Search with Commuting and Unemployment Insurance," Working Papers hal-03950253, HAL.
  48. Agarwal, Sumit & Diao, Mi & Keppo, Jussi & Sing, Tien Foo, 2020. "Preferences of public transit commuters: Evidence from smart card data in Singapore," Journal of Urban Economics, Elsevier, vol. 120(C).
  49. Häme, Lauri & Hakula, Harri, 2013. "Dynamic journeying under uncertainty," European Journal of Operational Research, Elsevier, vol. 225(3), pages 455-471.
  50. Raux, Charles & Souche, Stéphanie & Pons, Damien, 2012. "The efficiency of congestion charging: Some lessons from cost–benefit analyses," Research in Transportation Economics, Elsevier, vol. 36(1), pages 85-92.
  51. Chen, Daqiang & Ignatius, Joshua & Sun, Danzhi & Goh, Mark & Zhan, Shalei, 2018. "Impact of congestion pricing schemes on emissions and temporal shift of freight transport," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 118(C), pages 77-105.
  52. Gill, David A. & Schuhmann, Peter W. & Oxenford, Hazel A., 2015. "Recreational diver preferences for reef fish attributes: Economic implications of future change," Ecological Economics, Elsevier, vol. 111(C), pages 48-57.
  53. Seiji S. C. Steimetz, 2009. "White‐Knuckle Externalities," Economic Inquiry, Western Economic Association International, vol. 47(2), pages 304-316, April.
  54. Le Vine, Scott & Polak, John, 2016. "A novel peer-to-peer congestion pricing marketplace enabled by vehicle-automation," Transportation Research Part A: Policy and Practice, Elsevier, vol. 94(C), pages 483-494.
  55. Iliopoulou, Christina & Kampitakis, Emmanouil & Kepaptsoglou, Konstantinos & Vlahogianni, Eleni I., 2022. "Dynamic traffic-aware auction-based signal control under vehicle to infrastructure communication," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 608(P1).
  56. Kenneth E. McConnell, 2015. "Valuing time for Department of Homeland Security projects and policies," Chapters, in: Carol Mansfield & V. K. Smith (ed.), Benefit–Cost Analyses for Security Policies, chapter 9, pages 203-224, Edward Elgar Publishing.
  57. Börjesson, Maria & Fosgerau, Mogens & Algers, Staffan, 2012. "Catching the tail: Empirical identification of the distribution of the value of travel time," Transportation Research Part A: Policy and Practice, Elsevier, vol. 46(2), pages 378-391.
  58. Ozbay, Kaan & Yanmaz-Tuzel, Ozlem, 2008. "Valuation of travel time and departure time choice in the presence of time-of-day pricing," Transportation Research Part A: Policy and Practice, Elsevier, vol. 42(4), pages 577-590, May.
  59. Paetzold, Jörg, 2019. "Do commuting subsidies increase commuting distances? Evidence from a Regression Kink Design," Regional Science and Urban Economics, Elsevier, vol. 75(C), pages 136-147.
  60. Geva, Sharon & Fulman, Nir & Ben-Elia, Eran, 2022. "Getting the prices right: Drivers' cruising choices in a serious parking game," Transportation Research Part A: Policy and Practice, Elsevier, vol. 165(C), pages 54-75.
  61. Börjesson, Maria & Eliasson, Jonas, 2011. "On the use of "average delay" as a measure of train reliability," Transportation Research Part A: Policy and Practice, Elsevier, vol. 45(3), pages 171-184, March.
  62. Roy Brouwer & Solomon Tarfasa, 2020. "Testing hypothetical bias in a framed field experiment," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 68(3), pages 343-357, September.
  63. M. Rouhani, Omid, 2014. "Road pricing: An overview," MPRA Paper 59662, University Library of Munich, Germany.
  64. André de Palma & Robin Lindsey & Nathalie Picard, 2012. "Risk Aversion, the Value of Information, and Traffic Equilibrium," Transportation Science, INFORMS, vol. 46(1), pages 1-26, February.
  65. Jerrod M. Penn & Wuyang Hu, 2021. "The Extent of Hypothetical Bias in Willingness to Accept," American Journal of Agricultural Economics, John Wiley & Sons, vol. 103(1), pages 126-141, January.
  66. Peer, Stefanie & Knockaert, Jasper & Koster, Paul & Verhoef, Erik T., 2014. "Over-reporting vs. overreacting: Commuters’ perceptions of travel times," Transportation Research Part A: Policy and Practice, Elsevier, vol. 69(C), pages 476-494.
  67. Wang, Judith Y.T. & Ehrgott, Matthias, 2013. "Modelling route choice behaviour in a tolled road network with a time surplus maximisation bi-objective user equilibrium model," Transportation Research Part B: Methodological, Elsevier, vol. 57(C), pages 342-360.
  68. Varotto, Silvia F. & Glerum, Aurélie & Stathopoulos, Amanda & Bierlaire, Michel & Longo, Giovanni, 2017. "Mitigating the impact of errors in travel time reporting on mode choice modelling," Journal of Transport Geography, Elsevier, vol. 62(C), pages 236-246.
  69. Holguín-Veras, José, 2011. "Urban delivery industry response to cordon pricing, time-distance pricing, and carrier-receiver policies in competitive markets," Transportation Research Part A: Policy and Practice, Elsevier, vol. 45(8), pages 802-824, October.
  70. Andre Palma & Moshe Ben-Akiva & David Brownstone & Charles Holt & Thierry Magnac & Daniel McFadden & Peter Moffatt & Nathalie Picard & Kenneth Train & Peter Wakker & Joan Walker, 2008. "Risk, uncertainty and discrete choice models," Marketing Letters, Springer, vol. 19(3), pages 269-285, December.
    • André de Palma & Moshe Ben-Akiva & David Brownstone & Charles Holt & Thierry Magnac & Daniel McFadden & Peter Moffatt & Nathalie Picard & Kenneth Train & Peter Wakker & Joan Walker, 2008. "Risk, Uncertainty and Discrete Choice Models," THEMA Working Papers 2008-02, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.
  71. De Vos, Jonas, 2016. "Road pricing in a polycentric urban region: Analysing a pilot project in Belgium," Transport Policy, Elsevier, vol. 52(C), pages 134-142.
  72. Zhu, Shanjiang & Du, Longyuan & Zhang, Lei, 2013. "Rationing and pricing strategies for congestion mitigation: Behavioral theory, econometric model, and application in Beijing," Transportation Research Part B: Methodological, Elsevier, vol. 57(C), pages 210-224.
  73. Paul Koster & Erik T. Verhoef, 2012. "A Rank-dependent Scheduling Model," Journal of Transport Economics and Policy, University of Bath, vol. 46(1), pages 123-138, January.
  74. Eivind Tveter, 2023. "The value of travel time: a revealed preferences approach using exogenous variation in travel costs and automatic traffic count data," Transportation, Springer, vol. 50(6), pages 2273-2297, December.
  75. Hultkrantz, Lars & Shengcong, Xue, 2009. "Mitigating Hypothetical Bias in Value of Time Studies: Lab-Experiment Results," Working Papers 2009:14, Örebro University, School of Business, revised 01 Nov 2010.
  76. Echeverría, Lucía & Gimenez-Nadal, J. Ignacio & Molina, José Alberto, 2023. "Commuting in dual-earner households: International gender differences with time use surveys," Nülan. Deposited Documents 3932, Universidad Nacional de Mar del Plata, Facultad de Ciencias Económicas y Sociales, Centro de Documentación.
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  79. Milad Haghani & Michiel C. J. Bliemer & John M. Rose & Harmen Oppewal & Emily Lancsar, 2021. "Hypothetical bias in stated choice experiments: Part I. Integrative synthesis of empirical evidence and conceptualisation of external validity," Papers 2102.02940, arXiv.org.
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  81. Peer, Stefanie & Knockaert, Jasper & Koster, Paul & Tseng, Yin-Yen & Verhoef, Erik T., 2013. "Door-to-door travel times in RP departure time choice models: An approximation method using GPS data," Transportation Research Part B: Methodological, Elsevier, vol. 58(C), pages 134-150.
  82. Struben, Jeroen J.R.,, 2007. "Identifying Challenges for Sustained Adoption of Alternative Fuel Vehicles and Infrastructure," Working papers 37306, Massachusetts Institute of Technology (MIT), Sloan School of Management.
  83. Paul Koster & Hans Koster, 2013. "Commuters' Preferences for Fast and Reliable Travel," Tinbergen Institute Discussion Papers 13-075/VIII, Tinbergen Institute, revised 30 Apr 2015.
  84. Antonio Bento & Kevin Roth & Andrew R. Waxman, 2020. "The Value of Urgency: Evidence from Real-Time Congestion Pricing," NBER Working Papers 26956, National Bureau of Economic Research, Inc.
  85. Abrantes, Pedro A.L. & Wardman, Mark R., 2011. "Meta-analysis of UK values of travel time: An update," Transportation Research Part A: Policy and Practice, Elsevier, vol. 45(1), pages 1-17, January.
  86. Andrew Collins & John Rose & Stephane Hess, 2012. "Interactive stated choice surveys: a study of air travel behaviour," Transportation, Springer, vol. 39(1), pages 55-79, January.
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  92. Tao, Xuezong & Zhu, Lichao, 2020. "Meta-analysis of value of time in freight transportation: A comprehensive review based on discrete choice models," Transportation Research Part A: Policy and Practice, Elsevier, vol. 138(C), pages 213-233.
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  95. Börjesson, Maria & Eliasson, Jonas, 2014. "Experiences from the Swedish Value of Time study," Transportation Research Part A: Policy and Practice, Elsevier, vol. 59(C), pages 144-158.
  96. Wardman, Mark & Chintakayala, V. Phani K. & de Jong, Gerard, 2016. "Values of travel time in Europe: Review and meta-analysis," Transportation Research Part A: Policy and Practice, Elsevier, vol. 94(C), pages 93-111.
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  119. Deka, Devajyoti, 2015. "Factors associated with disability paratransit's travel time reliability," Journal of Transport Geography, Elsevier, vol. 48(C), pages 96-104.
  120. Omid M. Rouhani, 2016. "Next Generations of Road Pricing: Social Welfare Enhancing," Sustainability, MDPI, vol. 8(3), pages 1-15, March.
  121. Holgin-Veras, José, 2008. "Necessary conditions for off-hour deliveries and the effectiveness of urban freight road pricing and alternative financial policies in competitive markets," Transportation Research Part A: Policy and Practice, Elsevier, vol. 42(2), pages 392-413, February.
  122. Fezzi, Carlo & Bateman, Ian J. & Ferrini, Silvia, 2014. "Using revealed preferences to estimate the Value of Travel Time to recreation sites," Journal of Environmental Economics and Management, Elsevier, vol. 67(1), pages 58-70.
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  124. Peer, Stefanie & Knockaert, Jasper & Verhoef, Erik T., 2016. "Train commuters’ scheduling preferences: Evidence from a large-scale peak avoidance experiment," Transportation Research Part B: Methodological, Elsevier, vol. 83(C), pages 314-333.
  125. Aliaksandr Malokin & Giovanni Circella & Patricia L. Mokhtarian, 2021. "Do millennials value travel time differently because of productive multitasking? A revealed-preference study of Northern California commuters," Transportation, Springer, vol. 48(5), pages 2787-2823, October.
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