Valuing time and reliability: assessing the evidence from road pricing demonstrations

By David Brownstone, Kenneth Small. 2003

666 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Transportation

View Paper: https://www.semanticscholar.org/paper/2ed2170421195c6605788c1789a304d01649dde3

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Citations in the corpus

Still Feeling the Car – The Role of Comfort in Sustaining Private Car Use (2015, background): “Popular preference for the private car is traditionally conceptualised as motivated by rational and utilitarian factors, such as the desire to save time or increase reliability (for e.g. Hensher 2004; Brownstone and Small 2005).”
Valuing travel time variability: Characteristics of the travel time distribution on an urban road (2012, methodology): “…the standard deviation or some11 other measure of the scale of travel time variability as an argument, jointly with mean travel time.12 Because of its simplicity, the mean–variance approach has been widely used (Small et al. 2005;13 Brownstone and Small 2005; Lam and Small 2001, among others).”
Necessary conditions for off-hour deliveries and the effectiveness of urban freight road pricing and alternative financial policies in competitive markets (2008, result): “…brought about by road pricing of passenger car traffic, a conclusion that has been corroborated by real-life implementations and analytical studies (Sullivan and Harake, 1998; Brownstone et al., 2003; Sullivan, 2003; Brownstone and Small, 2005; De Palma et al., 2005; Olszewski and Xie, 2005).”
Using revealed preferences to estimate the Value of Travel Time to recreation sites (2014, positive): “This approach is standard in VTT RP studies (e.g. Brownstone and Small, 2005; Small et al., 2005, Steimetz and Brownstone, 2005).”
Travel through time: the story of research on travel time reliability (2013, background): “Carrion and Levinson (2012) considered travel time reliability in terms of variations in travel times under two dimensions: frequency and magnitude.”
The Impact of Stop-Making and Travel Time Reliability on Commute Mode Choice (2006, methodology): “We held the price parameter fixed for stability (see also Revelt and Train, 1998 and Brownstone and Small, 2005).”
Wages and commuting: quasi-natural experiments' evidence from firms that relocate (2014, neutral): “For example, Brownstone and Small (2005) find that the average value of commuting time varies among different industrialized cities in the US from 20% to 100% of the”
Part I: Externalities and economic policies in road transport (2010, background): “Some important recent contributions include Brownstone and Small (2005), Calfee and Winston (1998), De Borger and Fosgerau (2008), Fosgerau (2006), Hensher (2006), Hensher (2008), Hensher and Goodwin (2004), Lam and Small (2001), Mackie et al. (2003), Ramjerdi and Dillen (2007), Steimetz and…”
Valuation of Travel Time (2012, background): “(8) Brownstone and Small (2005) report success in several studies measuring unreliability in a related way, namely the difference (in amount of travel time) between either the 80th and 50th percentiles or between the 90th and 50th percentiles.”
Non-attendance and dual processing of common-metric attributes in choice analysis: a latent class specification (2010, result): “... on hypothetical bias in SC studies, which suggests that the marginal WTP is under-estimated for VTTS in SC studies compared to actual market-based evidence by as much as 50% (see Brownstone and Small2005;Hensher2009).Isacsson(2007),inthecontextoftradingtimewithmoney, found that the marginal WTP ”
Efficient stated choice experiments for estimating nested logit models (2009, methodology): “…(NL) model form, which has become a popular tool in estimating models based on SC data in the transportation area (e.g., Bhat and Castelar, 2002; Brownstone and Small, 2005; Cherchi and Ortúzar, 2002; Hess and Polak, 2006a,b; Hess et al., 2006; Polydoropoulou and Ben-Akiva, 2001; Yao and…”