Sign-dependent Value of Time in Stated Preference: Judgment Bias or Exposure of Genuine Preference?
Stated choice surveys may be the most common approach to obtain monetary values of travel time. The large surveys of 1988 and 1997 in the Netherlands and of 1994 in the United Kingdom produced some puzzling outcomes, such as differences in monetary valuation between travel time gains and losses. Thi...
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Format: | Article |
Language: | English |
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TU Delft OPEN Publishing
2010-12-01
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Series: | European Journal of Transport and Infrastructure Research |
Online Access: | https://journals.open.tudelft.nl/ejtir/article/view/2899 |