Showing 1 - 10 of 707
This paper reports the findings of a comparative analysis of bus rapid transit (BRT) performance using information on cross-section data of 121 BRT systems throughout the world, in which random effects regression is employed as the modelling framework for stand alone patronage and ridership...
Persistent link: https://www.econbiz.de/10011115816
Travel time variability (i.e., random variations in travel time) leads to a travel time distribution for a repeated trip from a fixed origin to destination (e.g., from home to work). To represent travel time variability, a series of possible travel times per alternative (departure time, route or...
Persistent link: https://www.econbiz.de/10010868637
This paper reviews 20 published congestion pricing studies with a focus on the dimensions of the stated preference or opinion survey, especially the type of charging regime and the structure of the charge. The effectiveness and acceptability of different charging regimes, as well as behavioural...
Persistent link: https://www.econbiz.de/10010574560
Using a sample of 245 direct petrol price elasticities of car travel collected from 52 published mode choice studies, a random coefficient regression model is estimated to account for heterogeneity in the influence of the type of data used in the various studies (RP, SP and a combination of...
Persistent link: https://www.econbiz.de/10008522513
Traditionally, the empirical valuation of travel time savings (VTTS) is obtained from a linear utility specification in a discrete choice model, which implicitly assumes a risk-neutral attitude. This paper draws on recent contributions by the authors that accommodate the attitude towards risk...
Persistent link: https://www.econbiz.de/10010595160
This paper reviews and critiques the modelling frameworks and empirical measurement paradigms used to obtain willingness to pay (WTP) for improved travel time reliability, suggesting new directions for ongoing research. We also estimate models to derive values of reliability, scheduling costs...
Persistent link: https://www.econbiz.de/10009211355
This paper reviews public transport crowding valuation research, using a number of primary studies conducted in the UK, USA, Australia and Israel. We identify three measures used to value crowding (a time multiplier, a monetary value per time unit and a monetary value per trip), and associated...
Persistent link: https://www.econbiz.de/10009292510
Attitude towards risk is important to individual decision making. Rank-dependent utility theory is an appealing framework within which to study decision making under risk. This paper specifies Rank-Dependent Utility (RDU) models in the context of a stated choice experiment of commuter's risky...
Persistent link: https://www.econbiz.de/10010562341
Freight demand elasticity studies vary significantly in terms of the demand measure, data type, estimation method, commodity type, etc. This wide variation makes it difficult to compare empirical estimates when the differences may arise in part from the methods and data used. In this paper we...
Persistent link: https://www.econbiz.de/10009142886
In recent years we have seen important extensions of logit models in behavioural research such as incorporation of preference and scale heterogeneity, attribute processing heuristics, and estimation of willingness to pay (WTP) in WTP space. With rare exception, however, a non-linear treatment of...
Persistent link: https://www.econbiz.de/10009143142