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The value(s) of travel time savings considering in-vehicle activities

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  • Jara-Diaz, Sergio

Abstract

In this note I present a theoretical formulation that incorporates the main elements behind the performance of work or leisure activities while travelling, obtaining an expanded interpretation of the values of time in terms of the role played by the values of work and leisure inside the vehicle. We conclude that the value of in-vehicle time is expected to decrease as the conditions to perform those activities inside the vehicle improve. The framework admits the possibility of negative travel time values if there are leisure activities that can only be performed while traveling and are preferred over those that can be done elsewhere.

Suggested Citation

  • Jara-Diaz, Sergio, 2024. "The value(s) of travel time savings considering in-vehicle activities," Transportation Research Part A: Policy and Practice, Elsevier, vol. 184(C).
    • Handle: RePEc:eee:transa:v:184:y:2024:i:c:s096585642400140x
    DOI: 10.1016/j.tra.2024.104092
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    References listed on IDEAS

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    1. Pudāne, Baiba & Correia, Gonçalo, 2020. "On the impact of vehicle automation on the value of travel time while performing work and leisure activities in a car: Theoretical insights and results from a stated preference survey – A comment," Transportation Research Part A: Policy and Practice, Elsevier, vol. 132(C), pages 324-328.
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    5. Aliaksandr Malokin & Giovanni Circella & Patricia L. Mokhtarian, 2021. "Do millennials value travel time differently because of productive multitasking? A revealed-preference study of Northern California commuters," Transportation, Springer, vol. 48(5), pages 2787-2823, October.
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    8. Correia, Gonçalo Homem de Almeida & Looff, Erwin & van Cranenburgh, Sander & Snelder, Maaike & van Arem, Bart, 2019. "On the impact of vehicle automation on the value of travel time while performing work and leisure activities in a car: Theoretical insights and results from a stated preference survey," Transportation Research Part A: Policy and Practice, Elsevier, vol. 119(C), pages 359-382.
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