The paper addresses the issue of how small time savings are handled in the appraisal of transport proposals. A review is made of the policy of eleven governments and this is followed by a critical discussion of the treatment of small time changes that have been estimated in Stated Choice (SC)...

Many econometric models exist that may be used to analyse choice data. These, however, are all based on specific assumptions made by the analyst in relation to how individual respondents make their choices. In practice, though, it may be difficult to satisfy these assumptions. Accepting that...