Quotation Schmid, Basil, Jokubauskaite, Simona, Aschauer, Florian, Peer, Stefanie, Hössinger, Reinhard, Gerike, Regine, Jara-Diaz, Sergio, Axhausen, Kay. 2019. A pooled RP/SP mode, route and destination choice model to investigate mode and user-type effects in the value of travel time savings. Transportation Research Part A: Policy and Practice. 124 262-294.


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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.

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Publication's profile

Status of publication Published
Affiliation WU
Type of publication Journal article
Journal Transportation Research Part A: Policy and Practice
Citation Index SSCI
WU Journalrating 2009 A
WU-Journal-Rating new FIN-A, INF-A, STRAT-B, VW-C, WH-B
Language English
Title A pooled RP/SP mode, route and destination choice model to investigate mode and user-type effects in the value of travel time savings
Volume 124
Year 2019
Page from 262
Page to 294
Reviewed? Y
DOI https://doi.org/10.1016/j.tra.2019.03.001
Open Access N

Associations

People
Peer, Stefanie (Details)
External
Aschauer, Florian (BOKU Vienna, Austria)
Axhausen, Kay (ETH, Switzerland)
Gerike, Regine (TU Dresden, Germany)
Hössinger, Reinhard (BOKU Vienna, Austria)
Jara-Diaz, Sergio (University of Chile, Chile)
Jokubauskaite, Simona (BOKU Vienna, Austria)
Schmid, Basil (ETH, Switzerland)
Organization
Institute for Multi-Level Governance and Development IN (Details)
Research areas (ÖSTAT Classification 'Statistik Austria')
5300 Economics (Details)
5332 Transport economics (Details)
5351 Public economy (Details)
5915 Economic geography (Details)
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