ITLS Working Papers 2000: Recent submissions
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The Sensitivity of the Valuation of Travel Time Savings to the Specification of Unobserved Effects
Published 2000-07-01The behavioural value of travel time savings (VTTS) remains a controversial data item in the evaluation of transport projects. Over the last 40 years we have seen numerous empirical studies seeking to enrich our understanding ...Open AccessWorking Paper -
Assessing Data and Modeling Needs for Urban Transport Sector: An Australian Perspective
Published 2000-03-01Managing the transport assets of an urban economy and ensuring that change is in accordance with suitable performance measures requires continuing improvement in analytical power and empirical information. One crucial input ...Open AccessWorking Paper -
Measurement of Valuation of Travel Time Savings
Published 2000-07-01The value of travel time savings (VTTS) is a critical parameter in transport project appraisal and through its application produces the dominating user benefit, typically 60% of traditionally quantified user benefits. ...Open AccessWorking Paper -
Trip Chaining as a Barrier to the Propensity to use Public Transport
Published 2000-07-01Trip chaining is a growing phenomenon in travel and activity behaviour. Individuals increasingly seek out opportunities to minimise the amount of travel required as part of activity fulfilment, given the competing demands ...Open AccessWorking Paper -
The Valuation of Travel Time Savings for Urban Car Drivers: Evaluating Alternative Model Specifications
Published 2000-03-01The empirical valuation of travel time savings is a derivative of the ratio of parameter estimates in a discrete choice model. The most common formulation (multinomial logit) imposes strong restrictions on the profile of ...Open AccessWorking Paper