Preferences for transport activities are often considered only in terms of time and money. Whilst congestion in automobile traffic increases costs by raising trip durations, the same is less obvious in public transport (PT), especially rail-based. This has lead many economic analyses to conclude...

Preferences for transport activities are often considered only in terms of time and money. Whilst congestion in automobile traffic increases costs by raising trip durations, the same is less obvious in public transport (PT), especially rail-based. This has lead many economic analyses to conclude...

Since they change the individuals' time perception, qualitative aspects of transport are increasingly discussed as factors influencing the choice between individualised and public transport. In this article we investigate, both analytically and empirically, the utility cost of congestion in...