Showing 1 - 10 of 144
Earlier studies on scheduling behavior have mostly ignored that consumers have more flexibility to adjust their schedule in the long run than in the short run. We introduce the distinction between long-run choices of travel routines and short-run choices of departure times, using data from a...
Persistent link: https://www.econbiz.de/10011256935
We asked participants of a large-scale, real-life peak avoidance experiment to provide estimates of their average in-vehicle travel time for their morning commute. Comparing these reported travel times to the corresponding actual travel times, we find that travel times are overstated by a factor...
Persistent link: https://www.econbiz.de/10011255638
A common way to determine values of travel time and schedule delay is to estimate departure time choice models, using stated preference (SP) or revealed preference (RP) data. The latter are used less frequently, mainly because of the difficulties to collect the data required for the model...
Persistent link: https://www.econbiz.de/10011255960
Accident externalities are among the most important external costs of road transport. We study the regulation of these when insurance companies have market power. Using analytical models, we compare a public-welfare maximizing monopoly with a private profit-maximizing monopoly, and markets where...
Persistent link: https://www.econbiz.de/10011257118
This discussion paper resulted in a publication in the <I>Journal of Transport Economics and Policy</I> (2012), vol. 46(1), pages 123-138.<P> This paper proposes an analytical framework for scheduling decisions of road travelers that takes into account probability weighting using rank dependent utility...</p></i>
Persistent link: https://www.econbiz.de/10011257567
This paper proposes an analytical framework for scheduling decisions of road travelers that takes into account probability weighting using rank dependent utility theory. The fundamental difference with the standard scheduling model based on expected utility is that the probabilities of arrivals...
Persistent link: https://www.econbiz.de/10008838539
The traditional bottleneck model for road congestion promotes the implementation of a triangular, fully time varying, charge as the optimal solution for the road congestion externality. However, cognitive and technological barriers put a practical limit to the degree of differentiation real...
Persistent link: https://www.econbiz.de/10011256764
This discussion paper resulted in a publication in <A href="http://www.sciencedirect.com/science/article/pii/S0166046211001062">'Regional Science and Urban Economics'</A>, 42(1-2), 166-76.<p>This paper analyzes the possibilities to relieve congestion using rewards instead of taxes, as well as combinations of rewards and taxes. The model considers a Vickrey-ADL model of...</p></a>
Persistent link: https://www.econbiz.de/10011257227
Persistent link: https://www.econbiz.de/10008838537
We estimate a revealed-preference scheduling model of morning peak behaviour that allows us to determine the impact of traffic information on traveller behaviour. Specifically, we distinguish between the marginal impact of expected travel times versus that of deviations from this expectation...
Persistent link: https://www.econbiz.de/10008838588