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- W592665380 abstract "This paper discusses two aspects of the specification of models of travel behaviour to estimate the value of time (VOT). It is firstly concerned with some recent advances in procedures for designing Stated Preference (SP) experiments. The theoretical background is stated, the potential improvements in efficiency which can be obtained are shown, and some actual efficiency gains in a recent application to motorists' parking choices are demonstrated. Research into SP experimental design can be viewed as having followed one of the following strands: orthogonal designs of experiments, non-orthogonal designs, and statistical analyses. The paper then presents some results from a recently conducted review of British empirical evidence about VOT. 105 VOT studies conducted between 1980 and 1996 were examined, yielding 444 VOT estimates across a wide range of circumstances. Information was collected on 16 variables for each of the VOT estimates considered. The first part of the review was concerned with the variation of VOT across the studies. The second part examined such variations on a within-study basis, exploring issues which the first part identified as needing more study. The paper describes a regression model used in the first part, states three important findings, and lists five areas for further research. For the covering abstract, see IRRD E100587." @default.
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- W592665380 date "1996-01-01" @default.
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- W592665380 title "ISSUES IN MODEL SPECIFICATION" @default.
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