Public transport: one mode or several?
Juan Manuel Lorenzo Varela (),
Maria Börjesson () and
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Juan Manuel Lorenzo Varela : KTH, Postal: Centrum för Transportstudier (CTS), Teknikringen 10, 100 44 Stockholm, Sweden, https://www.kth.se/profile/jmlv?l=en
Maria Börjesson: KTH, Postal: Centrum för Transportstudier (CTS), Teknikringen 10, 100 44 Stockholm, Sweden, https://www.kth.se/profile/mariab
Andrew Daly: ITS, Leeds / RAND Europe, Postal: Centrum för Transportstudier (CTS), Teknikringen 10, 100 44 Stockholm, Sweden, https://www.its.leeds.ac.uk/people/a.daly
No 2017:6, Working papers in Transport Economics from CTS - Centre for Transport Studies Stockholm (KTH and VTI)
This paper develops a methodology for testing and implementing differences in preferences for a set of public transport modes, relating to observed and unobserved attributes, in state-of-practice large-scale travel demand models. Results of a case study for commuters in the Stockholm public transport system suggest that there are preference differences among public transport modes, and that they are captured by unobserved attributes. Surprisingly, we found no evidence for differences proportional to the in-vehicle time, suggesting that characteristics of in-vehicle time in different public transport modes, such as comfort, are valued equally by the travellers. We also found that the value of time is higher for auxiliary modes than for the main mode, and that the unobserved preference for metro is highest and the preference for light rail lowest.
Keywords: Choice behaviour; Generalised travel cost; Unobserved preferences; Rail factor; Demand forecast (search for similar items in EconPapers)
JEL-codes: R40 (search for similar items in EconPapers)
Pages: 24 pages
New Economics Papers: this item is included in nep-dcm, nep-tre and nep-ure
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Persistent link: https://EconPapers.repec.org/RePEc:hhs:ctswps:2017_006
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