Citation

Beck MJ, Hess S, Cabral MO, Dubernet I. Transp. Res. E Logist. Transp. Rev. 2017; 100: 133-143.

Copyright

(Copyright © 2017, Elsevier Publishing)

DOI

10.1016/j.tre.2017.02.001

PMID

unavailable

Abstract

The valuation of travel time is of crucial importance in many transport decisions. Most studies make use of data framed around short-term decisions such as route choice. However, people may have a greater ability to trade time and money in a longer term setting, such as when considering changes in residential or employment locations. We study the value of travel time in both the short and long-term, finding differences in the valuations. Given the importance of these valuations for policy making, our results call for more research into how time-cost trade-offs should be represented with stated preference.

Language: en