IDEAS home Printed from https://ideas.repec.org/p/arz/wpaper/eres2009_393.html
   My bibliography  Save this paper

The Study of Value of Activity Time on Weekdays by Using Activity-Based Approach

Author

Listed:
  • Kuang-Yih Yeh
  • Hao-Ching Hsia

Abstract

Value of time plays a significant role in the evaluation of investment effectiveness of transportation plans. Therefore, it is a prerequisite to accurately estimate value of time savings to meaningfully evaluate transportation policies. In this study, the focus is on weekday activities and associated travel behaviors. The evaluation of individualsí time allocation behavior on weekdays and an activity choice model has been investigated in this study for analyzing the preference of individualsí time allocation. The activity choice model specifically takes into account the state of the individual time allotment on weekdays and subjective evaluation of time use on weekdays. There results show that : 1) The socioeconomic conditions have strong effects on workersí time allocation. 2) The priority of activity time allocation would affect time allocation of workers significantly. 3) Furthermore, priority of different activities will produce different marginal utility. Therefore, the priority of activity should be considered before establishment of a model of activity time value in the future.

Suggested Citation

  • Kuang-Yih Yeh & Hao-Ching Hsia, 2009. "The Study of Value of Activity Time on Weekdays by Using Activity-Based Approach," ERES eres2009_393, European Real Estate Society (ERES).
    • Handle: RePEc:arz:wpaper:eres2009_393
    as

    Download full text from publisher

    File URL: https://eres.architexturez.net/doc/oai-eres-id-eres2009-393
    Download Restriction: no
    ---><---

    More about this item

    JEL classification:

    • R3 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location

    Statistics

    Access and download statistics

    Corrections

    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:arz:wpaper:eres2009_393. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Architexturez Imprints (email available below). General contact details of provider: https://edirc.repec.org/data/eressea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.