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The Value of Time and Reliability: Measurement from a Value Pricing Experiment

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  1. Steimetz, Seiji S.C. & Brownstone, David, 2005. "Estimating commuters' "value of time" with noisy data: a multiple imputation approach," Transportation Research Part B: Methodological, Elsevier, vol. 39(10), pages 865-889, December.
  2. Brownstone, David & Ghosh, Arindam & Kazimi, Camilla & Van Amelsfort, Dirk, 2002. "Drivers' Willingness-to-Pay to Reduce Travel Time: Evidence from the San Diego I-15 Congestion Pricing Project," University of California Transportation Center, Working Papers qt8q7331mz, University of California Transportation Center.
  3. Adler, Martin W. & Ommeren, Jos van & Rietveld, Piet, 2013. "Road congestion and incident duration," Economics of Transportation, Elsevier, vol. 2(4), pages 109-118.
  4. Mehrdad Gholami Shahbandi & Mohammad Mahdi Nasiri & Abbas Babazadeh, 2015. "A quantum evolutionary algorithm for the second-best congestion pricing problem in urban traffic networks," Transportation Planning and Technology, Taylor & Francis Journals, vol. 38(8), pages 851-865, December.
  5. Smalkoski, Brian & Levinson, David, 2005. "Value of Time for Commercial Vehicle Operators," Journal of the Transportation Research Forum, Transportation Research Forum, vol. 44(1).
  6. Bi Chen & William Lam & Agachai Sumalee & Qingquan Li & Hu Shao & Zhixiang Fang, 2013. "Finding Reliable Shortest Paths in Road Networks Under Uncertainty," Networks and Spatial Economics, Springer, vol. 13(2), pages 123-148, June.
  7. Koster, Paul R. & Koster, Hans R.A., 2015. "Commuters’ preferences for fast and reliable travel: A semi-parametric estimation approach," Transportation Research Part B: Methodological, Elsevier, vol. 81(P1), pages 289-301.
  8. Small, Kenneth A & Winston, Clifford & Yan, Jia, 2002. "Uncovering the Distribution of Motorists' Preferences for Travel Time and Reliability: Implications for Road Pricing," University of California Transportation Center, Working Papers qt8zd2r34k, University of California Transportation Center.
  9. Lee, Jinhyung & Miller, Harvey J., 2020. "Robust accessibility: Measuring accessibility based on travelers' heterogeneous strategies for managing travel time uncertainty," Journal of Transport Geography, Elsevier, vol. 86(C).
  10. Li, Yanan & Li, Xiang & Zhang, Sicheng, 2021. "Optimal pricing of customized bus services and ride-sharing based on a competitive game model," Omega, Elsevier, vol. 103(C).
  11. Fosgerau, Mogens & Fukuda, Daisuke, 2010. "Valuing travel time variability: Characteristics of the travel time distribution on an urban road," MPRA Paper 24330, University Library of Munich, Germany.
  12. Gao, Song & Frejinger, Emma & Ben-Akiva, Moshe, 2011. "Cognitive cost in route choice with real-time information: An exploratory analysis," Transportation Research Part A: Policy and Practice, Elsevier, vol. 45(9), pages 916-926, November.
  13. Teppei Kato & Kenetsu Uchida & William H. K. Lam & Agachai Sumalee, 2021. "Estimation of the value of travel time and of travel time reliability for heterogeneous drivers in a road network," Transportation, Springer, vol. 48(4), pages 1639-1670, August.
  14. Guang-Zhen Sun & Yew-Kwang Ng, 2009. "The age-dependent value of time: a life cycle analysis," Journal of Economics, Springer, vol. 97(3), pages 233-250, July.
  15. Chakrabarti, Sandip & Giuliano, Genevieve, 2015. "Does service reliability determine transit patronage? Insights from the Los Angeles Metro bus system," Transport Policy, Elsevier, vol. 42(C), pages 12-20.
  16. Georgina Santos & Erik Verhoef, 2011. "Road Congestion Pricing," Chapters, in: André de Palma & Robin Lindsey & Emile Quinet & Roger Vickerman (ed.), A Handbook of Transport Economics, chapter 23, Edward Elgar Publishing.
  17. Zhu, Zheng & Mardan, Atabak & Zhu, Shanjiang & Yang, Hai, 2021. "Capturing the interaction between travel time reliability and route choice behavior based on the generalized Bayesian traffic model," Transportation Research Part B: Methodological, Elsevier, vol. 143(C), pages 48-64.
  18. Judith Y. T. Wang & Richard D. Connors, 2018. "Urban Growth, Transport Planning, Air Quality and Health: A Multi-Objective Spatial Analysis Framework for a Linear Monocentric City," Networks and Spatial Economics, Springer, vol. 18(4), pages 839-874, December.
  19. Álvarez, Óscar & Cantos, Pedro & Garci­a, Leandro, 2007. "The value of time and transport policies in a parallel road network," Transport Policy, Elsevier, vol. 14(5), pages 366-376, September.
  20. Wu, Xing & (Marco) Nie, Yu, 2011. "Modeling heterogeneous risk-taking behavior in route choice: A stochastic dominance approach," Transportation Research Part A: Policy and Practice, Elsevier, vol. 45(9), pages 896-915, November.
  21. Agarwal, Sumit & Diao, Mi & Keppo, Jussi & Sing, Tien Foo, 2020. "Preferences of public transit commuters: Evidence from smart card data in Singapore," Journal of Urban Economics, Elsevier, vol. 120(C).
  22. Beaud, Mickael & Blayac, Thierry & Stéphan, Maïté, 2016. "The impact of travel time variability and travelers’ risk attitudes on the values of time and reliability," Transportation Research Part B: Methodological, Elsevier, vol. 93(PA), pages 207-224.
  23. Chen, Bi Yu & Lam, William H.K. & Sumalee, Agachai & Li, Qingquan & Li, Zhi-Chun, 2012. "Vulnerability analysis for large-scale and congested road networks with demand uncertainty," Transportation Research Part A: Policy and Practice, Elsevier, vol. 46(3), pages 501-516.
  24. Abegaz, Dereje & Hjorth, Katrine & Rich, Jeppe, 2017. "Testing the slope model of scheduling preferences on stated preference data," Transportation Research Part B: Methodological, Elsevier, vol. 104(C), pages 409-436.
  25. repec:dgr:uvatin:20100091 is not listed on IDEAS
  26. Barahimi, Amir Hossein & Eydi, Alireza & Aghaie, Abdolah, 2021. "Multi-modal urban transit network design considering reliability: multi-objective bi-level optimization," Reliability Engineering and System Safety, Elsevier, vol. 216(C).
  27. Ye, Jiao & Jiang, Yu & Chen, Jun & Liu, Zhiyuan & Guo, Renzhong, 2021. "Joint optimisation of transfer location and capacity for a capacitated multimodal transport network with elastic demand: a bi-level programming model and paradoxes," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 156(C).
  28. Alaitz Artabe & Javier Gardeazabal, 2017. "Degree choice evidence from stated preferences," Empirical Economics, Springer, vol. 52(4), pages 1205-1234, June.
  29. Guotao Hu & Aruna Sivakumar & John Polak, 2012. "Modelling travellers’ risky choice in a revealed preference context: a comparison of EUT and non-EUT approaches," Transportation, Springer, vol. 39(4), pages 825-841, July.
  30. Thomas, Tom & Tutert, Bas, 2015. "Route choice behavior in a radial structured urban network: Do people choose the orbital or the route through the city center?," Journal of Transport Geography, Elsevier, vol. 48(C), pages 85-95.
  31. Andre Palma & Moshe Ben-Akiva & David Brownstone & Charles Holt & Thierry Magnac & Daniel McFadden & Peter Moffatt & Nathalie Picard & Kenneth Train & Peter Wakker & Joan Walker, 2008. "Risk, uncertainty and discrete choice models," Marketing Letters, Springer, vol. 19(3), pages 269-285, December.
    • André de Palma & Moshe Ben-Akiva & David Brownstone & Charles Holt & Thierry Magnac & Daniel McFadden & Peter Moffatt & Nathalie Picard & Kenneth Train & Peter Wakker & Joan Walker, 2008. "Risk, Uncertainty and Discrete Choice Models," THEMA Working Papers 2008-02, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.
  32. Monchambert, Guillaume, 2020. "Why do (or don’t) people carpool for long distance trips? A discrete choice experiment in France," Transportation Research Part A: Policy and Practice, Elsevier, vol. 132(C), pages 911-931.
  33. Santos, Georgina & Behrendt, Hannah & Maconi, Laura & Shirvani, Tara & Teytelboym, Alexander, 2010. "Part I: Externalities and economic policies in road transport," Research in Transportation Economics, Elsevier, vol. 28(1), pages 2-45.
  34. van Lint, J.W.C. & van Zuylen, Henk J. & Tu, H., 2008. "Travel time unreliability on freeways: Why measures based on variance tell only half the story," Transportation Research Part A: Policy and Practice, Elsevier, vol. 42(1), pages 258-277, January.
  35. Demir, Emrah & Huang, Yuan & Scholts, Sebastiaan & Van Woensel, Tom, 2015. "A selected review on the negative externalities of the freight transportation: Modeling and pricing," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 77(C), pages 95-114.
  36. Peer, Stefanie & Knockaert, Jasper & Koster, Paul & Tseng, Yin-Yen & Verhoef, Erik T., 2013. "Door-to-door travel times in RP departure time choice models: An approximation method using GPS data," Transportation Research Part B: Methodological, Elsevier, vol. 58(C), pages 134-150.
  37. Paul Koster & Hans Koster, 2013. "Commuters' Preferences for Fast and Reliable Travel," Tinbergen Institute Discussion Papers 13-075/VIII, Tinbergen Institute, revised 30 Apr 2015.
  38. Gu, Yu & Fu, Xiao & Liu, Zhiyuan & Xu, Xiangdong & Chen, Anthony, 2020. "Performance of transportation network under perturbations: Reliability, vulnerability, and resilience," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 133(C).
  39. Chorus, Caspar G. & Timmermans, Harry J.P., 2009. "Measuring user benefits of changes in the transport system when traveler awareness is limited," Transportation Research Part A: Policy and Practice, Elsevier, vol. 43(5), pages 536-547, June.
  40. Bhat, Chandra R. & Sardesai, Rupali, 2006. "The impact of stop-making and travel time reliability on commute mode choice," Transportation Research Part B: Methodological, Elsevier, vol. 40(9), pages 709-730, November.
  41. Hörcher, Daniel & Graham, Daniel J. & Anderson, Richard J., 2017. "Crowding cost estimation with large scale smart card and vehicle location data," Transportation Research Part B: Methodological, Elsevier, vol. 95(C), pages 105-125.
  42. Chikako Keumi & Hideki Murakami, 2010. "Role of schedule delays on passengers' choice of access modes: A case of Japan' s international airport," Discussion Papers 2010-59, Kobe University, Graduate School of Business Administration.
  43. Lam, William H.K. & Shao, Hu & Sumalee, Agachai, 2008. "Modeling impacts of adverse weather conditions on a road network with uncertainties in demand and supply," Transportation Research Part B: Methodological, Elsevier, vol. 42(10), pages 890-910, December.
  44. Glaister, Stephen & Graham, Daniel J., 2005. "An evaluation of national road user charging in England," Transportation Research Part A: Policy and Practice, Elsevier, vol. 39(7-9), pages 632-650.
  45. Morteza Chalak & Veronique Florec & Atakelty Hailu & Fiona Gibson & David Pannell, 2017. "Integrating non-market values in economic analyses of flood mitigation: a case study of the Brown Hill and Keswick creeks catchment in Adelaide," Working Papers 256513, University of Western Australia, School of Agricultural and Resource Economics.
  46. Chakrabarti, Sandip, 2015. "The demand for reliable transit service: New evidence using stop level data from the Los Angeles Metro bus system," Journal of Transport Geography, Elsevier, vol. 48(C), pages 154-164.
  47. Liu, Henry X. & He, Xiaozheng & Recker, Will, 2007. "Estimation of the time-dependency of values of travel time and its reliability from loop detector data," Transportation Research Part B: Methodological, Elsevier, vol. 41(4), pages 448-461, May.
  48. Liu, Wei & Yin, Yafeng & Yang, Hai, 2015. "Effectiveness of variable speed limits considering commuters’ long-term response," Transportation Research Part B: Methodological, Elsevier, vol. 81(P2), pages 498-519.
  49. Thorhauge, Mikkel & Cherchi, Elisabetta & Rich, Jeppe, 2016. "How flexible is flexible? Accounting for the effect of rescheduling possibilities in choice of departure time for work trips," Transportation Research Part A: Policy and Practice, Elsevier, vol. 86(C), pages 177-193.
  50. Peer, Stefanie & Knockaert, Jasper & Verhoef, Erik T., 2016. "Train commuters’ scheduling preferences: Evidence from a large-scale peak avoidance experiment," Transportation Research Part B: Methodological, Elsevier, vol. 83(C), pages 314-333.
  51. Xiangdong Xu & Anthony Chen & Lin Cheng, 2013. "Assessing the effects of stochastic perception error under travel time variability," Transportation, Springer, vol. 40(3), pages 525-548, May.
  52. Zachary Breig & Matthew Gibson & Jeffrey Shrader, 2019. "Why Do We Procrastinate? Present Bias and Optimism," Department of Economics Working Papers 2019-15, Department of Economics, Williams College.
  53. Devarasetty, Prem Chand & Burris, Mark & Douglass Shaw, W., 2012. "The value of travel time and reliability-evidence from a stated preference survey and actual usage," Transportation Research Part A: Policy and Practice, Elsevier, vol. 46(8), pages 1227-1240.
  54. Durán-Hormazábal, Elsa & Tirachini, Alejandro, 2016. "Estimation of travel time variability for cars, buses, metro and door-to-door public transport trips in Santiago, Chile," Research in Transportation Economics, Elsevier, vol. 59(C), pages 26-39.
  55. Hossan, Md Sakoat & Asgari, Hamidreza & Jin, Xia, 2016. "Investigating preference heterogeneity in Value of Time (VOT) and Value of Reliability (VOR) estimation for managed lanes," Transportation Research Part A: Policy and Practice, Elsevier, vol. 94(C), pages 638-649.
  56. Meng, Qiang & Liu, Zhiyuan & Wang, Shuaian, 2012. "Optimal distance tolls under congestion pricing and continuously distributed value of time," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 48(5), pages 937-957.
  57. Jiang, Meilan & Morikawa, Takayuki, 2004. "Theoretical analysis on the variation of value of travel time savings," Transportation Research Part A: Policy and Practice, Elsevier, vol. 38(8), pages 551-571, October.
  58. Stockton, Isabel & Bergemann, Annette & Brunow, Stephan, 2016. "There And Back Again: Women's Marginal Commuting Costs," VfS Annual Conference 2016 (Augsburg): Demographic Change 145919, Verein für Socialpolitik / German Economic Association.
  59. M. Rouhani, Omid, 2015. "Impact of Value of Time (VOT) on toll roads," MPRA Paper 65087, University Library of Munich, Germany.
  60. Glavic, Drazenko & Milos, Mladenovic & Luttinen, Tapio & Cicevic, Svetlana & Trifunovic, Aleksandar, 2017. "Road to price: User perspectives on road pricing in transition country," Transportation Research Part A: Policy and Practice, Elsevier, vol. 105(C), pages 79-94.
  61. Chang, Justin S., 2010. "Assessing travel time reliability in transport appraisal," Journal of Transport Geography, Elsevier, vol. 18(3), pages 419-425.
  62. Perederieieva, Olga & Raith, Andrea & Schmidt, Marie, 2018. "Non-additive shortest path in the context of traffic assignment," European Journal of Operational Research, Elsevier, vol. 268(1), pages 325-338.
  63. Brownstone, David & Small, Kenneth A., 2003. "Valuing Time and Reliability: Assessing the Evidence from Road Pricing Demonstrations," University of California Transportation Center, Working Papers qt95z0p35k, University of California Transportation Center.
  64. van Loon, Ruben & Rietveld, Piet & Brons, Martijn, 2011. "Travel-time reliability impacts on railway passenger demand: a revealed preference analysis," Journal of Transport Geography, Elsevier, vol. 19(4), pages 917-925.
  65. Andreas Økland & Nils O. E. Olsson, 2021. "Punctuality development and delay explanation factors on Norwegian railways in the period 2005–2014," Public Transport, Springer, vol. 13(1), pages 127-161, March.
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  67. Soriguera, Francesc, 2014. "On the value of highway travel time information systems," Transportation Research Part A: Policy and Practice, Elsevier, vol. 70(C), pages 294-310.
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  69. Wu, Wen-Xiang & Huang, Hai-Jun, 2014. "Finding anonymous tolls to realize target flow pattern in networks with continuously distributed value of time," Transportation Research Part B: Methodological, Elsevier, vol. 65(C), pages 31-46.
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  71. Ulak, Mehmet Baran & Yazici, Anil & Aljarrah, Mohammad, 2020. "Value of convenience for taxi trips in New York City," Transportation Research Part A: Policy and Practice, Elsevier, vol. 142(C), pages 85-100.
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  75. Fosgerau, Mogens & Karlström, Anders, 2010. "The value of reliability," Transportation Research Part B: Methodological, Elsevier, vol. 44(1), pages 38-49, January.
  76. Paul Koster & Hans Koster, 2013. "Analysing Heterogeneity in the Value of Travel Time and Reliability: A Semiparametric Estimation Approach," ERSA conference papers ersa13p1032, European Regional Science Association.
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  78. Laval, Jorge A. & Cho, Hyun W. & Muñoz, Juan C. & Yin, Yafeng, 2015. "Real-time congestion pricing strategies for toll facilities," Transportation Research Part B: Methodological, Elsevier, vol. 71(C), pages 19-31.
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  82. Du, Bo & Wang, David Z.W., 2014. "Continuum modeling of park-and-ride services considering travel time reliability and heterogeneous commuters – A linear complementarity system approach," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 71(C), pages 58-81.
  83. Brownstone, David & Ghosh, Arindam & Golob, Thomas F & Kazimi, Camilla & Van Amelsfort, Dirk, 2002. "Drivers' Willingness-to-Pay to Reduce Travel Time: Evidence from the San Diego I-15 Congestion Pricing Project," University of California Transportation Center, Working Papers qt3mx1d1k4, University of California Transportation Center.
  84. Uchida, Kenetsu, 2014. "Estimating the value of travel time and of travel time reliability in road networks," Transportation Research Part B: Methodological, Elsevier, vol. 66(C), pages 129-147.
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  97. Monchambert, Guillaume, 2020. "Why do (or don’t) people carpool for long distance trips? A discrete choice experiment in France," Transportation Research Part A: Policy and Practice, Elsevier, vol. 132(C), pages 911-931.
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  117. Stefanie Peer & Erik Verhoef & Jasper Knockaert & Paul Koster & Yin-Yen Tseng, 2011. "Long-Run vs. Short-Run Perspectives on Consumer Scheduling: Evidence from a Revealed-Preference Experiment among Peak-Hour Road Commuters," Tinbergen Institute Discussion Papers 11-181/3, Tinbergen Institute, revised 25 Aug 2014.
  118. Brownstone, David & Small, Kenneth A., 2005. "Valuing time and reliability: assessing the evidence from road pricing demonstrations," Transportation Research Part A: Policy and Practice, Elsevier, vol. 39(4), pages 279-293, May.
  119. Beck, Matthew J. & Hess, Stephane & Cabral, Manuel Ojeda & Dubernet, Ilka, 2017. "Valuing travel time savings: A case of short-term or long term choices?," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 100(C), pages 133-143.
  120. Brownstone, David & Ghosh, Arindam & Golob, Thomas F. & Kazimi, Camilla & Van Amelsfort, Dirk, 2003. "Drivers' willingness-to-pay to reduce travel time: evidence from the San Diego I-15 congestion pricing project," Transportation Research Part A: Policy and Practice, Elsevier, vol. 37(4), pages 373-387, May.
  121. Nie, Yu (Marco) & Wu, Xing & Dillenburg, John F. & Nelson, Peter C., 2012. "Reliable route guidance: A case study from Chicago," Transportation Research Part A: Policy and Practice, Elsevier, vol. 46(2), pages 403-419.
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