The microeconomic approach to explain consumers’ behavior regarding the choice of activities, consumption of goods and use of time is extended in this paper by explicitly including the temporal dimension in the choice-making process. Recognizing that some activities, such as a job and...

Using a single line model, it has been shown recently that the presence of a stringent financial constraint induces a less than optimal bus frequency and larger than optimal bus size. This occurs because the constraint induces a reduction of the importance of users’ costs (their time); in the...

A number of studies have shown that in addition to travel time and cost as the common influences on mode, route and departure time choices, travel time variability plays an increasingly important role, especially in the presence of traffic congestion on roads and crowding on public transport....