000117064 001__ 117064
000117064 005__ 20190213064547.0
000117064 0247_ $$2doi$$a10.1016/j.tranpol.2008.02.001
000117064 022__ $$a0967-070X
000117064 02470 $$2DAR$$a12968
000117064 02470 $$a000256713100004$$2ISI
000117064 037__ $$aARTICLE
000117064 245__ $$aIncome and distance elasticities of values of travel time savings: new Swiss results
000117064 260__ $$c2008
000117064 269__ $$a2008
000117064 336__ $$aJournal Articles
000117064 520__ $$aThis paper presents the findings of a study looking into the valuation of travel time savings (VTTS) in Switzerland, across modes as well as across purpose groups. The study makes several departures from the usual practice in VTTS studies, with the main one being a direct representation of the income and distance elasticity of the VTTS measures. Here, important gains in model performance and significantly different results are obtained through this approach. Additionally, the analysis shows that the estimation of robust coefficients for congested car travel time is hampered by the low share of congested time in the overall travel time, and the use of an additional rate-of-congestion coefficient, in addition to a generic car travel time coefficient, is preferable. Finally, the analysis demonstrates that the population mean of the indicators calculated is quite different from the sample means and presents methods to calculate those, along with the associated variances. These variances are of great interest as they allow the generation of confidence intervals, which can be extremely useful in cost-benefit analyses.
000117064 700__ $$aAxhausen, Kay
000117064 700__ $$aHess, Stephane
000117064 700__ $$aKoenig, Arnd
000117064 700__ $$aAbay, Georg
000117064 700__ $$aBates, John
000117064 700__ $$g118332$$aBierlaire, Michel$$0240563
000117064 773__ $$j15$$tTransport Policy$$k3$$q173-185
000117064 909C0 $$xU11418$$0252123$$pTRANSP-OR
000117064 909CO $$particle$$pENAC$$ooai:infoscience.tind.io:117064
000117064 937__ $$aTRANSP-OR-ARTICLE-2008-004
000117064 970__ $$aIJ-AxhaHessKoenAbayBateBier07/TRANSP-OR
000117064 973__ $$rREVIEWED$$sPUBLISHED$$aEPFL
000117064 980__ $$aARTICLE