Titel:
Values of travel time in the AKTA project

Abstract:
AKTA is a research study under an EU project PROGRESS, which is part of the EU’s 5th framework programme named ‘The Growth Programme on Sustainable Mobility and Intermodality’. The programme supports several studies related to road pricing and similar subjects in traffic planning. PROGRESS includes eight European cities that research in different types of tolls.

The aim of the paper is to present the obtained values of travel time (VOT) in the AKTA SP project. Basis for the VOT is Stated Preference (SP) data, which has been collected specifically for the purposes of the project. Three main effects are described in the paper:
1. methodological effect; respondents’ perception of VOT based on presented travel costs versus travel distances in the SP experiments,
2. theoretical effect; differences in the obtained VOT based on ordinary MNL models and Error Component (EC) models, and
3. income effect; differences in the obtained VOT with and without the income effect.

Forfatter:
Goran Jovicic (gj@dtf.dk) Danish Transport Research Institute (www.dtf.dk) Otto Anker Nielsen (oan@ctt.dtu.dk) Centre for Traffic and Transport, Technical University og Denmark

Danske Keywords:
road pricing, MNL, EC modelling

Engelske Keywords:
road pricing, MNL, EC modelling

År:
2003

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