Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
Estimating the value of time: An additional misspecification error
Abstract This note is an extension of arguments made in an earlier article by J. Guttman in this journal. It points out a specification error in estimating the value of time when parking costs are added to modal running costs, to create a single cost variable. After developing arguments for separating modal costs from parking costs, estimates for Toronto are provided. These estimates demonstrate the magnitude of this type of aggregation bias.
Estimating the value of time: An additional misspecification error
Abstract This note is an extension of arguments made in an earlier article by J. Guttman in this journal. It points out a specification error in estimating the value of time when parking costs are added to modal running costs, to create a single cost variable. After developing arguments for separating modal costs from parking costs, estimates for Toronto are provided. These estimates demonstrate the magnitude of this type of aggregation bias.
Estimating the value of time: An additional misspecification error
Gillen, David W. (Autor:in)
Transportation ; 6
1977
Aufsatz (Zeitschrift)
Englisch
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