The Value of Time and Reliability: Measurement from a Value Pricing Experiment

T.C. Lam and Kenneth Small ()

Working Papers from California Irvine - School of Social Sciences

Abstract: We measure values of time and reliability from 1998 data on actual behavior of commuters on State Route 91 in Orange Country, California, where they choose between a free and a variably-tolled route. For each route at each time of day and for each day of the week, the distribution of travel times across different weeks is measured using loop detector data.

Keywords: PRICES; EXPERIMENTS; BEHAVIOUR (search for similar items in EconPapers)
JEL-codes: C93 D3 (search for similar items in EconPapers)
Pages: 35 pages
Date: 2000
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Citations: View citations in EconPapers (8)

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Related works:
Working Paper: The Value of Time and Reliability: Measurement from a Value Pricing Experiment (2003)
Journal Article: The value of time and reliability: measurement from a value pricing experiment
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Persistent link: https://EconPapers.repec.org/RePEc:fth:calirv:00-02

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