Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: http://hdl.handle.net/10419/86071
Autor:innen: 
Erscheinungsjahr: 
2003
Schriftenreihe/Nr.: 
Tinbergen Institute Discussion Paper No. 03-036/3
Verlag: 
Tinbergen Institute, Amsterdam and Rotterdam
Zusammenfassung: 
The value of travel time plays an important role in cost benefit analysis of infrastructureprojects. However, the issue of uncertainty on travel times and the implications this has forestimations of travel time values has received much less attention in the literature. In thispaper we compare various modelling approaches to address uncertainty and demonstrate thatignoring uncertainty issues may easily lead to distorted estimates of values of travel time. Thisis of special relevance in public transport where various trip components may have differentvaluations and degrees of uncertainty. Our approach sheds light among others on the hightime valuations for waiting at transfer points in public transport. Implications are given for thesupply of traveller information on values of travel time in public transport.
Schlagwörter: 
multimodal travel
public transport
value of travel time
expected utility
uncertainty
unreliability.
JEL: 
R40
Dokumentart: 
Working Paper
Erscheint in der Sammlung:

Datei(en):
Datei
Größe
370.52 kB





Publikationen in EconStor sind urheberrechtlich geschützt.