@article{ref1,
title="Valuing travel time savings: a case of short-term or long term choices?",
journal="Transportation research part E: logistics and transportation review",
year="2017",
author="Beck, Matthew J. and Hess, Stephane and Cabral, Manuel Ojeda and Dubernet, Ilka",
volume="100",
number="",
pages="133-143",
abstract="The valuation of travel time is of crucial importance in many transport decisions. Most studies make use of data framed around short-term decisions such as route choice. However, people may have a greater ability to trade time and money in a longer term setting, such as when considering changes in residential or employment locations. We study the value of travel time in both the short and long-term, finding differences in the valuations. Given the importance of these valuations for policy making, our results call for more research into how time-cost trade-offs should be represented with stated preference.<p /> <p>Language: en</p>",
language="en",
issn="1366-5545",
doi="10.1016/j.tre.2017.02.001",
url="http://dx.doi.org/10.1016/j.tre.2017.02.001"
}