Author | dc.contributor.author | Schmid, Basil | |
Author | dc.contributor.author | Molloy, Joseph | |
Author | dc.contributor.author | Peer, Stefanie | |
Author | dc.contributor.author | Jokubauskaite, Simona | |
Author | dc.contributor.author | Aschauer, Florian | |
Author | dc.contributor.author | Hössinger, Reinhard | |
Author | dc.contributor.author | Gerike, Regine | |
Author | dc.contributor.author | Jara Díaz, Sergio Rodolfo | |
Author | dc.contributor.author | Axhausen, Kay W. | |
Admission date | dc.date.accessioned | 2021-12-16T17:55:03Z | |
Available date | dc.date.available | 2021-12-16T17:55:03Z | |
Publication date | dc.date.issued | 2021 | |
Cita de ítem | dc.identifier.citation | Transportation Research Part A 150 (2021) 186–215 | es_ES |
Identifier | dc.identifier.other | 10.1016/j.tra.2021.06.015 | |
Identifier | dc.identifier.uri | https://repositorio.uchile.cl/handle/2250/183261 | |
Abstract | dc.description.abstract | We use state-of-the art estimation approaches to obtain mode-specific values of travel time
savings (VTTS) based on pooled RP/SP travel choice data of Zurich workers. Unlike the
large majority of time valuation studies, we also have data on the respondents’ time-use and
expenditure allocation, which enables us to estimate their value of leisure (VoL), i.e. the
opportunity value of liberated time when the duration of a committed activity, such as travel,
is reduced. We use the estimates of the VoL and the VTTS to derive the value of time assigned
to travel (VTAT) – the monetary value of the direct (dis-)utility derived from the conditions
experienced while traveling. Linking the VTTS and VoL at the individual-level allows for a
detailed analysis of VTAT distributions. We obtain median VTTS for car and motorbike (MIV)
of 30.6 CHF/h, carpooling (CP) of 27.7 CHF/h, carsharing (CS) of 26.7 CHF/h, walk of 26.7
CHF/h, bike of 18.2 CHF/h and public transportation (PT) of 14.8 CHF/h. The median VoL
amounts to 25.2 CHF/h. We find that MIV, CS and CP perform worst in terms of VTAT (as
indicated by values smaller than zero), showing that the perceived travel comfort all in car
modes (private, shared and pooled) is substantially lower than for PT and bike, where the
VTAT are greater than zero. From a transportation policy perspective, our results suggest that
travel comfort matters greatly and investing in the quality of travel should therefore obtain
more attention. However, from a PT operator’s point of view, our results indicate that in the
case of Zurich, investing in faster connections may exhibit a higher marginal impact on user
benefits, since the VoL is relatively high, while travel comfort is perceived as high already. | es_ES |
Patrocinador | dc.description.sponsorship | Swiss National Science Foundation (SNSF) 2-77894-13
Comision Nacional de Investigacion Cientifica y Tecnologica (CONICYT)
CONICYT FONDECYT 1200157
Comision Nacional de Investigacion Cientifica y Tecnologica (CONICYT)
CONICYT PIA/BASAL AFB180003 | es_ES |
Lenguage | dc.language.iso | en | es_ES |
Publisher | dc.publisher | Elsevier | es_ES |
Type of license | dc.rights | Attribution-NonCommercial-NoDerivs 3.0 United States | * |
Link to License | dc.rights.uri | http://creativecommons.org/licenses/by-nc-nd/3.0/us/ | * |
Source | dc.source | Transportation Research Part A-Policy and Practice | es_ES |
Keywords | dc.subject | Time-use | es_ES |
Keywords | dc.subject | Expenditure allocation | es_ES |
Keywords | dc.subject | Value of leisure | es_ES |
Keywords | dc.subject | Value of travel time savings | es_ES |
Keywords | dc.subject | Travel comfort | es_ES |
Keywords | dc.subject | Transport policy appraisals | es_ES |
Título | dc.title | The value of travel time savings and the value of leisure in Zurich: Estimation, decomposition and policy implications | es_ES |
Document type | dc.type | Artículo de revista | es_ES |
dc.description.version | dc.description.version | Versión publicada - versión final del editor | es_ES |
dcterms.accessRights | dcterms.accessRights | Acceso abierto | es_ES |
Cataloguer | uchile.catalogador | cfr | es_ES |
Indexation | uchile.index | Artículo de publícación WoS | es_ES |
Indexation | uchile.index | Artículo de publicación SCOPUS | es_ES |