THE VALUE OF COMMUTER TRAVEL TIME SAVINGS

David Hensher

12 citations0/0 files storedJournal of Transport Economics and Policy

No readable copy stored yet — this record is metadata only.

No open-access location is known for this record yet.

Literature note Cite in a project Citation map

Transportation Planning and Optimization transportation and logistics systems Economic and Environmental Valuation

Abstract

The author attempts to define the value attached to savings in travel time by travellers at the marginal moment when this savings compels them to change their usual mode of transport. From statistical data collected in Sydney in 1971, he prepares tables giving the hourly values of the time saved, calculated by means of a mathematical model for several trip lengths, amounts of time saved and annual incomes. He recognises that this value decreases with the time saved and the trip length; he introduces a notion of thresh-hold, under which the amount of time saved is not felt and discusses these results.

Paper brief

Loading…

Cite this work

Citation unavailable for this work.

BibTeX RIS CSL-JSON

No public copy is stored for this record, so only the metadata is cited.

Citations in this library

Citation map →

Stored only when both papers are in the corpus — 12 citations exist upstream.

References

1975Consumer Demand: A New Approach.1936The Pure Theory of Consumer's Behaviour 1970THE VALUE OF TIME FOR COMMUTING MOTORISTS AS A FUNCTION OF THEIR INCOME LEVEL AND AMOUNT OF TIME SAVED 1969Variations in the Value of Travel Time*1976REVIEW OF STUDIES LEADING TO EXISTING VALUES OF TRAVEL TIME 1975Perception and Commuter Modal Choice — An Hypothesis 1968THRESHOLD AND RATIONALITY

Cited by

2008THE EFFECT OF TRANSPORTATION SUBSIDIES ON URBAN SPRAWL*1983Road pricing—some of the more neglected theoretical and policy implications 1996Use of Scenario-Building Transportation Model for Developing Countries

Explore the map →

Papers that cite the same references — the relational fallback while embeddings are still backfilling.

Imported from OpenAlex (CC0) — nothing here is generated.