Justifying toll payment with biased travel time estimates: Behavioral findings and route choice modeling
Author
Abstract
Suggested Citation
DOI: 10.1007/s11116-021-10251-y
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Pitu Mirchandani & Hossein Soroush, 1987. "Generalized Traffic Equilibrium with Probabilistic Travel Times and Perceptions," Transportation Science, INFORMS, vol. 21(3), pages 133-152, August.
- Cherlow, Jay R, 1981. "Measuring Values of Travel Time Savings," Journal of Consumer Research, Journal of Consumer Research Inc., vol. 7(4), pages 360-371, March.
- Parthasarathi, Pavithra & Levinson, David, 2010.
"Post-construction evaluation of traffic forecast accuracy,"
Transport Policy, Elsevier, vol. 17(6), pages 428-443, November.
- Pavithra Parthasarathi & David Levinson, 2008. "Post-Construction Evaluation of Traffic Forecast Accuracy," Working Papers 201005, University of Minnesota: Nexus Research Group.
- Ghosh, Arindam, 2001. "Valuing Time and Reliability: Commuters' Mode Choice from a Real Time Congestion Pricing Experiment," University of California Transportation Center, Working Papers qt9fz0z9kq, University of California Transportation Center.
- Tibor Scitovszky, 1944. "Some Consequences of the Habit of Judging Quality by Price," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 12(2), pages 100-105.
- Flyvbjerg, Bent, 2005.
"Measuring inaccuracy in travel demand forecasting: methodological considerations regarding ramp up and sampling,"
Transportation Research Part A: Policy and Practice, Elsevier, vol. 39(6), pages 522-530, July.
- Bent Flyvbjerg, 2013. "Measuring Inaccuracy in Travel Demand Forecasting: Methodological Considerations Regarding Ramp Up and Sampling," Papers 1303.7401, arXiv.org.
- Franziska Völckner & Julian Hofmann, 2007. "The price-perceived quality relationship: A meta-analytic review and assessment of its determinants," Marketing Letters, Springer, vol. 18(3), pages 181-196, September.
- Carlos Oliveira Cruz & Joaquim Miranda Sarmento, 2020. "Traffic forecast inaccuracy in transportation: a literature review of roads and railways projects," Transportation, Springer, vol. 47(4), pages 1571-1606, August.
- Grotenhuis, Jan-Willem & Wiegmans, Bart W. & Rietveld, Piet, 2007. "The desired quality of integrated multimodal travel information in public transport: Customer needs for time and effort savings," Transport Policy, Elsevier, vol. 14(1), pages 27-38, January.
- Devarasetty, Prem Chand & Burris, Mark & Douglass Shaw, W., 2012. "The value of travel time and reliability-evidence from a stated preference survey and actual usage," Transportation Research Part A: Policy and Practice, Elsevier, vol. 46(8), pages 1227-1240.
- Harold J. Leavitt, 1954. "A Note on Some Experimental Findings About the Meanings of Price," The Journal of Business, University of Chicago Press, vol. 27, pages 205-205.
- Amirgholy, Mahyar & Gonzales, Eric J., 2017. "Efficient frontier of route choice for modeling the equilibrium under travel time variability with heterogeneous traveler preferences," Economics of Transportation, Elsevier, vol. 11, pages 1-14.
- Yusuf, Juita-Elena (Wie) & O’Connell, Lenahan & Anuar, Khairul A., 2014. "For whom the tunnel be tolled: A four-factor model for explaining willingness-to-pay tolls," Transportation Research Part A: Policy and Practice, Elsevier, vol. 59(C), pages 13-21.
- 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.
- Alessandro Vacca & Carlo Giacomo Prato & Italo Meloni, 2019. "Should I stay or should I go? Investigating route switching behavior from revealed preferences data," Transportation, Springer, vol. 46(1), pages 75-93, February.
- Hensher, David A., 2008. "Influence of vehicle occupancy on the valuation of car driver's travel time savings: Identifying important behavioural segments," Transportation Research Part A: Policy and Practice, Elsevier, vol. 42(1), pages 67-76, January.
- Ben-Elia, Eran & Shiftan, Yoram, 2010. "Which road do I take? A learning-based model of route-choice behavior with real-time information," Transportation Research Part A: Policy and Practice, Elsevier, vol. 44(4), pages 249-264, May.
- Einat Tenenboim & Yoram Shiftan, 2018. "Accuracy and bias of subjective travel time estimates," Transportation, Springer, vol. 45(3), pages 945-969, May.
- Jaap Vreeswijk & Tom Thomas & Eric Berkum & Bart Arem, 2014. "Perception bias in route choice," Transportation, Springer, vol. 41(6), pages 1305-1321, November.
- Bent Flyvbjerg, 2013. "Quality Control and Due Diligence in Project Management: Getting Decisions Right by Taking the Outside View," Papers 1302.2544, arXiv.org.
- repec:cup:judgdm:v:5:y:2010:i:7:p:477-488 is not listed on IDEAS
- Trujillo, Lourdes & Quinet, Emile & Estache, Antonio, 2002.
"Dealing with demand forecasting games in transport privatization,"
Transport Policy, Elsevier, vol. 9(4), pages 325-334, October.
- Antonio Estache & Lourdes Trujillo & E. Quinet, 2002. "Dealing with Demand Forecasting Games in Transport Privatization," ULB Institutional Repository 2013/43981, ULB -- Universite Libre de Bruxelles.
- Dalumpines, Ron & Scott, Darren M., 2017. "Determinants of route choice behavior: A comparison of shop versus work trips using the Potential Path Area - Gateway (PPAG) algorithm and Path-Size Logit," Journal of Transport Geography, Elsevier, vol. 59(C), pages 59-68.
- Shiftan, Yoram & Shefer, Daniel, 2009. "Evaluating the impact of transport projects: Lessons for other disciplines," Evaluation and Program Planning, Elsevier, vol. 32(4), pages 311-314, November.
- Arnold van Exel, Nicolaas Jacob & Rietveld, Piet, 2010. "Perceptions of public transport travel time and their effect on choice-sets among car drivers," The Journal of Transport and Land Use, Center for Transportation Studies, University of Minnesota, vol. 2(3), pages 75-86.
- Vlaev, Ivo & Chater, Nick & Lewis, Rich & Davies, Greg, 2009. "Reason-based judgments: Using reasons to decouple perceived price-quality correlation," Journal of Economic Psychology, Elsevier, vol. 30(5), pages 721-731, October.
- Lawrence Frank & Mark Bradley & Sarah Kavage & James Chapman & T. Lawton, 2008. "Urban form, travel time, and cost relationships with tour complexity and mode choice," Transportation, Springer, vol. 35(1), pages 37-54, January.
- 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.
- Thomas, Tom & Tutert, Bas, 2015. "Route choice behavior in a radial structured urban network: Do people choose the orbital or the route through the city center?," Journal of Transport Geography, Elsevier, vol. 48(C), pages 85-95.
- Yáñez, M.F. & Raveau, S. & Ortúzar, J. de D., 2010. "Inclusion of latent variables in Mixed Logit models: Modelling and forecasting," Transportation Research Part A: Policy and Practice, Elsevier, vol. 44(9), pages 744-753, November.
- Robert Bain, 2009. "Error and optimism bias in toll road traffic forecasts," Transportation, Springer, vol. 36(5), pages 469-482, September.
- Rao, Akshay R & Monroe, Kent B, 1996. "Causes and Consequences of Price Premiums," The Journal of Business, University of Chicago Press, vol. 69(4), pages 511-535, October.
- Kristina Shampanier & Nina Mazar & Dan Ariely, 2007. "Zero as a Special Price: The True Value of Free Products," Marketing Science, INFORMS, vol. 26(6), pages 742-757, 11-12.
- Hornik, Jacob, 1984. "Subjective vs. Objective Time Measures: A Note on the Perception of Time in Consumer Behavior," Journal of Consumer Research, Journal of Consumer Research Inc., vol. 11(1), pages 615-618, June.
- Lindsey, Robin, 2012. "Road pricing and investment," Economics of Transportation, Elsevier, vol. 1(1), pages 49-63.
- Julian Hofmann & Michel Clement & Franziska Völckner & Thorsten Hennig-Thurau, 2007. "The price-perceived quality relationship: A meta-analytic review and assessment of its determinants," Post-Print hal-02990424, HAL.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Einat Tenenboim & Yoram Shiftan, 2018. "Accuracy and bias of subjective travel time estimates," Transportation, Springer, vol. 45(3), pages 945-969, May.
- Fu, Jianhua & Zhang, Yongqing, 2020. "Valuation of travel time reliability: Considering the traveler's adaptive expectation with an indifference band on daily trip duration," Transportation Research Part A: Policy and Practice, Elsevier, vol. 140(C), pages 337-353.
- Nicolaisen, Morten Skou & Næss, Petter, 2015. "Roads to nowhere: The accuracy of travel demand forecasts for do-nothing alternatives," Transport Policy, Elsevier, vol. 37(C), pages 57-63.
- Inderst, Roman & Pfeil, Sebastian, 2014.
"An "Image Theory" of RPM,"
MPRA Paper
54139, University Library of Munich, Germany.
- Inderst, Roman, 2019. "An "Image Theory" of RPM," CEPR Discussion Papers 13639, C.E.P.R. Discussion Papers.
- Inderst, Roman & Pfeil, Sebastian, 2016. "An "Image Theory" of RPM," EconStor Preprints 253656, ZBW - Leibniz Information Centre for Economics.
- Zheng, Dan & Chen, Yuxin & Zhang, Zhe & Che, Hai, 2022. "Retail price discount depth and perceived quality uncertainty," Journal of Retailing, Elsevier, vol. 98(3), pages 542-557.
- Chakroborty, Partha & Pinjari, Abdul Rawoof & Meena, Jayant & Gandhi, Avinash, 2021. "A Psychophysical Ordered Response Model of Time Perception and Service Quality: Application to Level of Service Analysis at Toll Plazas," Transportation Research Part B: Methodological, Elsevier, vol. 154(C), pages 44-64.
- Chung, Myungjin & Saini, Ritesh, 2022. "Consumer self-uncertainty increases price dependency," Journal of Business Research, Elsevier, vol. 140(C), pages 40-48.
- Maria Börjesson & Jonas Eliasson & Mattias Lundberg, 2014.
"Is CBA Ranking of Transport Investments Robust?,"
Journal of Transport Economics and Policy, University of Bath, vol. 48(2), pages 189-204, May.
- Börjesson, Maria & Eliasson, Jonas & Lundberg, Mattias, 2012. "Is CBA ranking of transport investments robust?," Working papers in Transport Economics 2012:30, CTS - Centre for Transport Studies Stockholm (KTH and VTI).
- Janson, Michael & Levinson, David, 2014. "HOT or not," Research in Transportation Economics, Elsevier, vol. 44(C), pages 21-32.
- Walker, Joan L. & Chatman, Daniel & Daziano, Ricardo & Erhardt, Gregory & Gao, Song & Mahmassani, Hani & Ory, David & Sall, Elizabeth & Bhat, Chandra & Chim, Nicholas & Daniels, Clint & Gardner, Brian, 2019. "Advancing the Science of Travel Demand Forecasting," Institute of Transportation Studies, Research Reports, Working Papers, Proceedings qt0v1906ts, Institute of Transportation Studies, UC Berkeley.
- Jie Yang & Zeyu Wang & Chunming Xu & Di Wang, 2024. "The Competition Between Taxi Services and On-Demand Ride-Sharing Services: A Service Quality Perspective," Sustainability, MDPI, vol. 16(22), pages 1-25, November.
- Chantal C. Cantarelli & Bent Flybjerg & Eric J. E. Molin & Bert van Wee, 2013. "Cost overruns in Large-Scale Transportation Infrastructure Projects: Explanations and Their Theoretical Embeddedness," Papers 1307.2176, arXiv.org.
- Carrion, Carlos & Levinson, David, 2012.
"Value of travel time reliability: A review of current evidence,"
Transportation Research Part A: Policy and Practice, Elsevier, vol. 46(4), pages 720-741.
- Carlos Carrion & David Levinson, 2010. "Value of Travel Time Reliability: A review of current evidence," Working Papers 000085, University of Minnesota: Nexus Research Group.
- Balabanis, George & Stathopoulou, Anastasia, 2021. "The price of social status desire and public self-consciousness in luxury consumption," Journal of Business Research, Elsevier, vol. 123(C), pages 463-475.
- Tristan Gagnon-Bartsch & Antonio Rosato, 2024.
"Quality Is in the Eye of the Beholder: Taste Projection in Markets with Observational Learning,"
American Economic Review, American Economic Association, vol. 114(11), pages 3746-3787, November.
- Gagnon-Bartsch, Tristan & Rosato, Antonio, 2022. "Quality is in the eye of the beholder: taste projection in markets with observational learning," MPRA Paper 115426, University Library of Munich, Germany.
- Pavithra Parthasarathi & David Levinson & Hartwig Hochmair, 2013.
"Network Structure and Travel Time Perception,"
PLOS ONE, Public Library of Science, vol. 8(10), pages 1-13, October.
- Pavithra Parthasarathi & David Levinson & Hartwig Hochmair, 2012. "Network Structure and Travel Time Perception," Working Papers 000102, University of Minnesota: Nexus Research Group.
- Boccali, Filippo & Mariani, Marcello M. & Visani, Franco & Mora-Cruz, Alexandra, 2022. "Innovative value-based price assessment in data-rich environments: Leveraging online review analytics through Data Envelopment Analysis to empower managers and entrepreneurs," Technological Forecasting and Social Change, Elsevier, vol. 182(C).
- Thomas E. Guerrero & C. Angelo Guevara & Elisabetta Cherchi & Juan de Dios Ortúzar, 2021. "Addressing endogeneity in strategic urban mode choice models," Transportation, Springer, vol. 48(4), pages 2081-2102, August.
- Haghani, Milad & Bliemer, Michiel C.J. & Rose, John M. & Oppewal, Harmen & Lancsar, Emily, 2021. "Hypothetical bias in stated choice experiments: Part I. Macro-scale analysis of literature and integrative synthesis of empirical evidence from applied economics, experimental psychology and neuroimag," Journal of choice modelling, Elsevier, vol. 41(C).
- 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).
- Ondřej Krčál & Rostislav Staněk & Bára Karlínová & Stefanie Peer, 2019. "Real consequences matters: why hypothetical biases in the valuation of time persist even in controlled lab experiments," MUNI ECON Working Papers 2019-03, Masaryk University, revised Feb 2023.
More about this item
Keywords
Travel time savings; Travel behavior modeling; Subjective time; Time estimates; Toll road; Shopping trips;All these keywords.
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kap:transp:v:50:y:2023:i:2:d:10.1007_s11116-021-10251-y. See general information about how to correct material in RePEc.
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 CitEc recognized a bibliographic reference but did not link an item in RePEc 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.