How Autonomous Driving May Affect the Value of Travel Time Savings for Commuting
نویسندگان
چکیده
منابع مشابه
Investigating the distribution of the value of travel time savings
The distribution of the value of travel time savings (VTTS) is investigated employing nonparametric techniques on a large, high quality data set. When background variables are not included in the model it is found that the right tail of the distribution is not observed and hence the mean VTTS cannot be evaluated. This conclusion changes when background variables are introduced into a semiparame...
متن کاملValue of travel time savings for shopping trips in Switzerland
The Swiss study of the value of travel time savings (VTTS), conducted by König, Axhausen und Abay (2004) reported unexpectedly high values for shopping trips from early experimental stated preference experiments, which were finally not included in the main study. Therefore a study focusing only shopping travel was conducted to see, if these results could be replicated. This study estimates VTTS...
متن کاملValue of Travel Time :Theoretical and Empirical Method
The value of travel time savings (VTTS) is the monetary value attached to save a determined amount of travel time. VTTS is also the most important benefit category aimed at justifying investments in transport infrastructures by public administrations. Hence VTTS played a significant role in various economic studies, both analytical and empirical (Zamparini & Reggiani, 2007). "It is difficult to...
متن کاملBayesian Posterior Prediction and Meta-Analysis: An Application to the Value of Travel Time Savings
In the evaluation of transportation infrastructure projects, some nontradable goods such as time are usually key determinants of the result. However, obtaining monetary values for these goods is not always easy. For this purpose, this paper presents an approach that combines Bayesian posterior prediction and meta-analysis. This methodology will allow obtaining predictive distributions of the mo...
متن کاملValue of Travel Time
For example, if someone is in the central business district of a large city, it might be cheapest to walk to a given destination. However, if the traveler has a particularly high value of travel time, the person might elect to pay for a ride to get to his or her destination faster. Similarly, a person driving a car might be faced with the choice between sitting in congestion or electing to pay ...
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ژورنال
عنوان ژورنال: Transportation Research Record: Journal of the Transportation Research Board
سال: 2018
ISSN: 0361-1981,2169-4052
DOI: 10.1177/0361198118757980