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Comparing short- and long-term values of travel time savings derived from a joint modelling framework
(2017)Arbeitsberichte Verkehrs- und RaumplanungThe value of travel time is an important element of cost-benefit analysis for appraisal of trans- portation project, by encapsulating the willingness to pay of the population for improvements in the transport system. Those values are typically obtained from mobility choice data, in the form of revealed or stated preference surveys. Although short term decisions, such as route and mode choice, are typically used for this purpose, a growing ...Working Paper