A revealed preference approach to the measurement of congestion in travel cost models

By C. Timmins, J. Murdock. 2007

224 citations recorded by the source corpus.

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

The Value of Disappearing Beaches: A hedonic pricing model with endogenous beach width (2011, methodology): “This method has been applied in previous works to recover endogenous site attributes like congestion in recreation choice models [21].”
Valuing open space in a residential sorting model of the Twin Cities (2010, methodology): “Location choice analyses similar to our application are provided by Bayer, et al. (2005), Timmins and Murdock (2007), and Timmins (2007), among others.”
Spatial preference heterogeneity in forest recreation (2013, methodology): “Instrumental variables have typically been used to cope with endogenous quality attributes (travel distance, among others) in applications of the travel cost method (Parsons, 1991; Murdock, 2006; Bayer and Timmins, 2007; Timmins and Murdock, 2007) and in the hedonic pricing model (Irwin et al.”
The effect of social comparisons on commute well-being (2011, methodology): “…example, using the control-function approach, a fitted or estimated value of rst be obtained by estimating a choice model that includes only exogenous attributes (excluding Y) which are by definition not correlated with the error the utility equation (see, for example, Timmins and Murdock, 2007).”