A pooled RP/SP mode, route and destination choice model to investigate mode and user-type effects in the value of travel time savings
Research output: Contribution to journal › Research article › Contributed › peer-review
Contributors
Abstract
Being of great importance for transportation policy appraisals, we investigate mode and user-type effects in the value of travel time savings (VTTS) using a pooled RP/SP Mixed Logit modeling approach for mode, route and destination choice data. For a representative sample of Austrian workers, our analysis reveals population-weighted median VTTS estimates for car (12.3 Euro/h), public transportation (PT; 8.1 Euro/h), bike (11.7 Euro/h) and walk (10.2 Euro/h). Considering only those respondents who have used car and PT in the observation period (and thus are familiar with both modes), we find that four user characteristics are able to decompose this substantial difference in median VTTS between car and PT (i.e. the total mode effect) of about 4.9 Euro/h: Posterior means of individual and mode-specific VTTS distributions reveal a reduced mode effect for high income (4.6 Euro/h), female (4.5 Euro/h), low educated (4.3 Euro/h) and urban (3.0 Euro/h) user groups. Our results indicate that in the case of Austrian workers, characteristics of the mode are more important than characteristics of the users, and that the travel time spent in PT is valued less than in a car for all investigated user groups.
Details
Original language | English |
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Pages (from-to) | 262-294 |
Number of pages | 33 |
Journal | Transportation Research Part A: Policy and Practice |
Volume | 124 |
Publication status | Published - Jun 2019 |
Peer-reviewed | Yes |
Keywords
Sustainable Development Goals
ASJC Scopus subject areas
Keywords
- Austrian workers, Discrete choice, Mode effects, User-type effects, Value of travel time savings