Valuation of travel time savings in viewpoint of WTA

C Shao, Y Liu, X Liu - Computational intelligence and …, 2014 - Wiley Online Library
In order to investigate the issues in measurement of value of travel time savings (VTTS), the
willingness‐to‐accept (WTA) for the private car owner is studied by using surveyed data. It is
convincing that trip purpose, trip length, time savings, cost savings, income, and allowance
from employee have effects on the WTA. Moreover, influences of these variables are not the
same for different trip purposes. For commuting trips, effects of income and allowance from
employee are significant while time savings and cost savings are dominated for leisure and …

Valuation of Travel Time Savings in Viewpoint of WTA

S Chang-qiao, Y Liu… - … and Neuroscience: CIN, 2014 - search.proquest.com
In order to investigate the issues in measurement of value of travel time savings (VTTS), the
willingness-to-accept (WTA) for the private car owner is studied by using surveyed data. It is
convincing that trip purpose, trip length, time savings, cost savings, income, and allowance
from employee have effects on the WTA. Moreover, influences of these variables are not the
same for different trip purposes. For commuting trips, effects of income and allowance from
employee are significant while time savings and cost savings are dominated for leisure and …
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