This timely new edition of Kenneth A. Small's seminal textbook Urban Transportation
Economics, co-authored with Erik T. Verhoef, has been fully updated, covering new areas …

The trip timing and mode choice are two critical decisions of individual commuters mostly
define peak period traffic congestion in urban areas. Due to the increasing evidence in many …

A new approach to calculate the value of leisure is developed and applied. This is derived
from a consumer behaviour model that includes goods and activities. A system of time …

This paper presents a joint trivariate discrete–continuous–continuous model for commuters'
mode choice, work start time and work duration. The model is designed to capture …

We propose a marginal tax reform model that includes both formal and informal sectors in
the economy, traffic externalities (congestion, pollution, crashes and noise) and …

The paper presents a modeling framework for dynamic activity scheduling. The modeling
framework considers random utility maximization (RUM) assumption for its components in …

In this position paper we argue that transport decisions are intimately linked with the
assignment of available time to activities, and that a full understanding of the so-called value …

A stated choice (SC) experiment was designed to study the locational preferences of new
CBD residents in Santiago de Chile. Eight attributes were analysed, separated into two SC …

Using stated preference survey data, we measure the value of travel time for several
transport modes. We find, like many before us, that the value of travel time varies across …

This article presents an econometric modelling framework for a discrete-continuous choice
structure. The proposed model ensures random utility maximisation (RUM) approach for …