Evidence on the distribution of values of travel time savings from a six-week diary
This paper presents the results of a series of mixed logit models focusing on the distribution of the values of travel time savings. The parametric assumptions include both normal and various bounded distributions derived from the normal (log-normal, Johnson's Sb and a censored normal). The full model, which also incorporates a number of time budget related variables, indicates that a small, but relevant share of the respondents might not value time savings, or would rather extend the journey. This share is consistent with results from other studies. A series of models for the different types of tours indicate even higher potential shares in situations with typically fewer binding time constraints. The RP data used is derived from the six week travel diary Mobidrive. The observations from Karlsruhe are summarised at the level of the tour.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 40 (2006)
Issue (Month): 5 (June)
|Contact details of provider:|| Web page: http://www.elsevier.com/wps/find/journaldescription.cws_home/547/description#description|
|Order Information:|| Postal: http://www.elsevier.com/wps/find/supportfaq.cws_home/regional|
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.:
- Lyons, Glenn & Urry, John, 2005. "Travel time use in the information age," Transportation Research Part A: Policy and Practice, Elsevier, vol. 39(2-3), pages 257-276.
- Kay Axhausen & Andrea Zimmermann & Stefan Schönfelder & Guido Rindsfüser & Thomas Haupt, 2002. "Observing the rhythms of daily life: A six-week travel diary," Transportation, Springer, vol. 29(2), pages 95-124, May.
- Algers, S. & Bergstrom, P. & Dahlberg, M. & Dillen, J.L., 1998.
"Mixed Logit Estimation of the Value of Travel Time,"
1998:15, Uppsala - Working Paper Series.
- Algers, Staffan & Bergström, Pål & Dahlberg, Matz & Lindqvist Dillén, Johanna, 1998. "Mixed Logit Estimation of the Value of Travel Time," Working Paper Series 1998:15, Uppsala University, Department of Economics.
- Mokhtarian, Patricia & Salomon, Ilan, 2001.
"How Derived is the Demand for Travel? Some Conceptual and Measurement Considerations,"
Institute of Transportation Studies, Working Paper Series
qt1z26n1r8, Institute of Transportation Studies, UC Davis.
- Mokhtarian, Patricia L. & Salomon, Ilan, 2001. "How derived is the demand for travel? Some conceptual and measurement considerations," Transportation Research Part A: Policy and Practice, Elsevier, vol. 35(8), pages 695-719, September.
- Mokhtarian, Patricia L & Salomon, Ilan, 2001. "How Derived is the Demand for Travel? Some Conceptual and Measurement Considerations," University of California Transportation Center, Working Papers qt7cx951n5, University of California Transportation Center.
- David Hensher & William Greene, 2003. "The Mixed Logit model: The state of practice," Transportation, Springer, vol. 30(2), pages 133-176, May.
- Bhat, Chandra R., 2001. "Quasi-random maximum simulated likelihood estimation of the mixed multinomial logit model," Transportation Research Part B: Methodological, Elsevier, vol. 35(7), pages 677-693, August.
- Redmond, Lothlorien S. & Mokhtarian, Patricia L., 2001.
"The Positive Utility of the Commute: Modeling Ideal Commute Time and Relative Desired Commute Amount,"
University of California Transportation Center, Working Papers
qt4mc291p2, University of California Transportation Center.
- Lothlorien Redmond & Patricia Mokhtarian, 2001. "The positive utility of the commute: modeling ideal commute time and relative desired commute amount," Transportation, Springer, vol. 28(2), pages 179-205, May.
- Daniel McFadden & Kenneth Train, 2000. "Mixed MNL models for discrete response," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 15(5), pages 447-470.
- Robert Schlich & Kay Axhausen, 2003. "Habitual travel behaviour: Evidence from a six-week travel diary," Transportation, Springer, vol. 30(1), pages 13-36, February.
- Bhat, Chandra R. & Singh, Sujit K., 2000. "A comprehensive daily activity-travel generation model system for workers," Transportation Research Part A: Policy and Practice, Elsevier, vol. 34(1), pages 1-22, January.
When requesting a correction, please mention this item's handle: RePEc:eee:transa:v:40:y:2006:i:5:p:444-457. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Zhang, Lei)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.