Measurement of Travel Time Values and Opportunity Cost from a Discrete-Choice Model
Measurement of Travel Time Values and Opportunity Cost from a Discrete-Choice Model
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从离散选择模型测量旅行时间价值和机会成本
DOI:
10.2307/2233219
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发表时间:
1985
期刊:
影响因子:
--
通讯作者:
D. Hensher
中科院分区:
文献类型:
--
作者:
T. Truong;D. Hensher
Section 1 of the paper introduces discrete choice models which contain elements of Becker and Deserpa theories. Section 2 outlines the concepts of (quality-adjusted) value of travel time and the (uniform or unadjusted) shadow price of time. Sections 3 and 4 explain how values and shadow price of time can be measured using the discrete choice models described in section 2. Section 5 explains the importance of the so-called "model-specific constants" in a mode choice model in the light of the empirical results of sections 3 and 4. (TRRL)