Estimation of Value of Travel Time for Work Trips

Athira, I. C.; Muneera, C. P.; Karuppanagounder, Krishnamurthy; Anjaneyulu, M. V. L. R.

doi:10.1016/j.trpro.2016.11.067

Cited by 66 publications

(48 citation statements)

References 7 publications

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“…These benefits include time-saving and cost reduction. The findings in this study are in line with previous studies related to time-saving [28,29], as well as cost reduction [30][31][32]. Although these benefits are the same in this study and in previous studies, there are fundamental differences in the way these benefits are generated.…”

Section: Discussionsupporting

confidence: 90%

“…The first research question was answered by identifying the benefits of road construction based on previous studies. These previous studies found several positive impacts of the construction of roads, i.e., time-saving [28,29], cost reduction [30][31][32], diversification [32][33][34], and added value of the agriculture sector [33]. This study examines time-saving, cost reduction, diversification, and added value from road construction.…”

Section: Methodsmentioning

confidence: 99%

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Benefit Distribution of Community-Based Infrastructure: Agricultural Roads in Indonesia

et al. 2020

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Infrastructure development is believed to provide economic benefits, but the distribution of these benefits is still a subject of discussion. Previous studies generally discussed the distribution of benefits of large-scale and top-down infrastructure. In contrast, this paper aims to explore the existence and distribution of the benefits of community-based infrastructure development. This study uses a case study approach with quantitative and qualitative methods. The study reveals that agricultural roads provide time saving and cost reduction. However, the benefits obtained by farmers vary depending on the location of agricultural land in relation to the road. Although the distribution of benefits differs, farmers do not perceive this as an injustice since the route of the road is determined by the farmer group. Moreover, the greater benefits received have to be compensated by certain amounts of contributions by each farmer in terms of land release. This study also reveals that the physical-environmental conditions of the road contribute to the variation of benefits. The results of this study provide an insight into the benefit distribution from small-scale and community-based infrastructure. Such community-based infrastructure development has been proven to be effective as a model for investing in local infrastructure development.

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Section: Discussionsupporting

confidence: 90%

Section: Methodsmentioning

confidence: 99%

Benefit Distribution of Community-Based Infrastructure: Agricultural Roads in Indonesia

et al. 2020

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“…Using the STATA software [24,25], combined with the traveler's socio-economic and personal information data in the SP survey and the travel mode choice under the short, middle, and long travel scenarios, the parameter estimation results for the NL model is shown in Table 4. The coefficients of personal income indicate that individuals with low income (below 6000 yuan) have the preference for bike and bus mode.…”

Section: Estimation Resultsmentioning

confidence: 99%

Typical Combined Travel Mode Choice Utility Model in Multimodal Transportation Network

Liu

Chen

et al. 2019

Sustainability

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The primary purpose of this paper is to explore the mechanism of combined travel mode choice in multimodal networks. To meet the objective, stated preference survey and revealed preference survey are designed under short, middle, and long travel distance scenarios. Data including travelers’ socio-economic/personal information, trip characteristics, and mode choice are collected and analyzed. To recognize the influential factors of mode choice, a nested logit model is established. A value of time estimation and sensitivity analysis are conducted to quantify the influencing degree. The results reveal that cost has a significant influence on the short-distance travel mode; waiting time is perceived as the most important factor in short-distance scenario, and transfer-walking time as the most significant in middle and long distance scenario. Moreover, the traveler is more sensitive to the decrease of the transfer walking time than increase. Regarding socio-economic/personal information, travelers aged 40–50 prefer to choose combined travel mode than other ages; female travelers have a greater acceptance of metro-based transfer travel than male; individuals with higher economic level have a positive image of metro than bus.

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“…The work in regards to travel time-related contexts is vast, varying from distribution fitting (Rahmani et al, 2015;Ma et al, 2017a;Fu et al, 2019;Ma et al, 2016;Westgate et al, 2016;Yang and Wu, 2016;Chalumuri and Yasuo, 2014;Guessous et al, 2014;Woodard et al, 2017); simulation-based studies (Chen and Chien, 2000;Ojeda-Cabral and Chorus, 2016;Zhang et al, 2018;Samandar, Williams, and Ahmed, 2018;Lv et al, 2019); and the value of travel time and travel time reliability (Athira et al, 2016;Truong and Hensher, 1985;Ettema and Timmermans, 2006;Devarasetty et al, 2012;Carrion and Levinson, 2012;Soriguera, 2014;Hensher, 2001;Engelson and Fosgerau, 2016;Kou et al, 2017;Xiao et al, 2017;Rich and Vandet, 2019;Bouscasse and Lapparent, 2019). However, of the travel time-related studies, the most related to the current work is travel time prediction or forecasting through various statistical methods.…”

Section: Related Workmentioning

confidence: 97%

Understanding Factors Affecting Arterial Reliability Performance Metrics

Anderson¹,

Sirupa²,

Kothuri³

et al. 2019

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The contents of this report reflect the views of the authors, who are solely responsible for the facts and the accuracy of the material and information presented herein. This document is disseminated under the sponsorship of the U.S. Department of Transportation University Transportation Centers Program in the interest of information exchange. The U.S. Government assumes no liability for the contents or use thereof. The contents do not necessarily reflect the official views of the U.S. Government. This report does not constitute a standard, specification, or regulation.

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Estimation of Value of Travel Time for Work Trips

Cited by 66 publications

References 7 publications

Benefit Distribution of Community-Based Infrastructure: Agricultural Roads in Indonesia

Benefit Distribution of Community-Based Infrastructure: Agricultural Roads in Indonesia

Typical Combined Travel Mode Choice Utility Model in Multimodal Transportation Network

Understanding Factors Affecting Arterial Reliability Performance Metrics

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