Valuation of travel time savings for intercity travel: The Madrid-Barcelona corridor

C Román, JC Martín, R Espino, E Cherchi… - Transport Policy, 2014 - Elsevier
We derive values of travel time savings (VOT) for the Madrid–Barcelona corridor, linking the
two largest cities in Spain, based on the estimation of discrete choice models among the …

Analyzing competition between the high speed train and alternative modes. The case of the Madrid-Zaragoza-Barcelona corridor

C Román, R Espino, JC Martín - Journal of Choice Modelling, 2010 - Elsevier
While there have been many studies of urban travel demand, little attention has been paid to
the analysis of inter-urban rail travel demand. Studies of inter-urban rail demand usually …

[HTML][HTML] The value of travel time savings and the value of leisure in Zurich: Estimation, decomposition and policy implications

B Schmid, J Molloy, S Peer, S Jokubauskaite… - … Research Part A: Policy …, 2021 - Elsevier
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 …

Competition of high-speed train with air transport: The case of Madrid–Barcelona

C Román, R Espino, JC Martín - Journal of Air Transport Management, 2007 - Elsevier
This paper analyzes the potential competition of the high-speed train with the air transport
between Madrid and Barcelona. The analysis estimates disaggregated mode choice models …

Anomalies in the value of travel-time changes

L Hultkrantz, R Mortazavi - Journal of Transport Economics and …, 2001 - ingentaconnect.com
Standard practice in econometric estimation of the value of travel-time changes divides
travellers into market segments and assumes linear utility functions in each category. Here …

Valuation of travel time savings: a direct experimental approach

DA Hensher, TP Truong - Journal of Transport Economics and Policy, 1985 - JSTOR
Valuation of travel time savings continues to be a topical subject. Yet, despite the enormous
effort in applied research directed towards identifying suitable values for this important …

Income and distance elasticities of values of travel time savings: New Swiss results

KW Axhausen, S Hess, A König, G Abay, JJ Bates… - Transport Policy, 2008 - Elsevier
This paper presents the findings of a study looking into the valuation of travel time savings
(VTTS) in Switzerland, across modes as well as across purpose groups. The study makes …

Valuing travel time savings: A case of short-term or long term choices?

MJ Beck, S Hess, MO Cabral, I Dubernet - Transportation research part E …, 2017 - Elsevier
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 …

A stated-preference study of the willingness-to-pay to reduce traffic risk in urban vs. rural roads

C Antoniou - European Transport Research Review, 2014 - Springer
Purpose The objective of this paper is to investigate the impact of the road environment
(urban vs. rural) in the willingness-to-pay to reduce traffic risk. Methods The process is …

Value of travel time savings and willingness to pay for regional aviation

R Merkert, M Beck - Transportation Research Part A: Policy and Practice, 2017 - Elsevier
Despite their immense importance to regional and remote communities, regional air services
are often commercially not viable and need public support. That support, and hence the …