ANALYSIS OF THEORETICAL APPROACHES TO ESTIMATION OF ECONOMIC VALUATION OF TRAVEL TIME VARIABILITY AND THE VALUE OF TRAVEL TIME SAVINGS OF URBAN PASSENGER TRANSPORT
The overview of some theoretical approaches to the mechanism of economic valuation of travel time variability and the value of travel time savings of urban passenger transport is provided. Each estimate depends on the demographic characteristics of the population, the type of transport, time, locati...
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Publishing House of the State University of Management
2018-05-01
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Online Access: | https://vestnik.guu.ru/jour/article/view/1032 |
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author | V. Donchenko R. Filippova |
author_facet | V. Donchenko R. Filippova |
author_sort | V. Donchenko |
collection | DOAJ |
description | The overview of some theoretical approaches to the mechanism of economic valuation of travel time variability and the value of travel time savings of urban passenger transport is provided. Each estimate depends on the demographic characteristics of the population, the type of transport, time, location and purpose of the trip, as well as the available choice of alternatives. The decisions of experts in a context of consumption choice based on utility maximization, subject to constraints on income and the minimum amount of time required by each activity are described. There in sum, there is a broad consensus on the approach adopted and the relevant variables and categories, as well as a degree of similarity in the specific values recommended. |
format | Article |
id | doaj-art-b16cae160318426a90c51a4454fa2a98 |
institution | Kabale University |
issn | 1816-4277 2686-8415 |
language | English |
publishDate | 2018-05-01 |
publisher | Publishing House of the State University of Management |
record_format | Article |
series | Вестник университета |
spelling | doaj-art-b16cae160318426a90c51a4454fa2a982025-02-04T08:27:55ZengPublishing House of the State University of ManagementВестник университета1816-42772686-84152018-05-01059510310.26425/1816-4277-2018-5-95-1031032ANALYSIS OF THEORETICAL APPROACHES TO ESTIMATION OF ECONOMIC VALUATION OF TRAVEL TIME VARIABILITY AND THE VALUE OF TRAVEL TIME SAVINGS OF URBAN PASSENGER TRANSPORTV. Donchenko0R. Filippova1Scientific and Research Institute of Motor TransportScientific and Research Institute of Motor TransportThe overview of some theoretical approaches to the mechanism of economic valuation of travel time variability and the value of travel time savings of urban passenger transport is provided. Each estimate depends on the demographic characteristics of the population, the type of transport, time, location and purpose of the trip, as well as the available choice of alternatives. The decisions of experts in a context of consumption choice based on utility maximization, subject to constraints on income and the minimum amount of time required by each activity are described. There in sum, there is a broad consensus on the approach adopted and the relevant variables and categories, as well as a degree of similarity in the specific values recommended.https://vestnik.guu.ru/jour/article/view/1032road transporttravel timevariabilitytime savingstransportation costseconomic benefitstransport systems |
spellingShingle | V. Donchenko R. Filippova ANALYSIS OF THEORETICAL APPROACHES TO ESTIMATION OF ECONOMIC VALUATION OF TRAVEL TIME VARIABILITY AND THE VALUE OF TRAVEL TIME SAVINGS OF URBAN PASSENGER TRANSPORT Вестник университета road transport travel time variability time savings transportation costs economic benefits transport systems |
title | ANALYSIS OF THEORETICAL APPROACHES TO ESTIMATION OF ECONOMIC VALUATION OF TRAVEL TIME VARIABILITY AND THE VALUE OF TRAVEL TIME SAVINGS OF URBAN PASSENGER TRANSPORT |
title_full | ANALYSIS OF THEORETICAL APPROACHES TO ESTIMATION OF ECONOMIC VALUATION OF TRAVEL TIME VARIABILITY AND THE VALUE OF TRAVEL TIME SAVINGS OF URBAN PASSENGER TRANSPORT |
title_fullStr | ANALYSIS OF THEORETICAL APPROACHES TO ESTIMATION OF ECONOMIC VALUATION OF TRAVEL TIME VARIABILITY AND THE VALUE OF TRAVEL TIME SAVINGS OF URBAN PASSENGER TRANSPORT |
title_full_unstemmed | ANALYSIS OF THEORETICAL APPROACHES TO ESTIMATION OF ECONOMIC VALUATION OF TRAVEL TIME VARIABILITY AND THE VALUE OF TRAVEL TIME SAVINGS OF URBAN PASSENGER TRANSPORT |
title_short | ANALYSIS OF THEORETICAL APPROACHES TO ESTIMATION OF ECONOMIC VALUATION OF TRAVEL TIME VARIABILITY AND THE VALUE OF TRAVEL TIME SAVINGS OF URBAN PASSENGER TRANSPORT |
title_sort | analysis of theoretical approaches to estimation of economic valuation of travel time variability and the value of travel time savings of urban passenger transport |
topic | road transport travel time variability time savings transportation costs economic benefits transport systems |
url | https://vestnik.guu.ru/jour/article/view/1032 |
work_keys_str_mv | AT vdonchenko analysisoftheoreticalapproachestoestimationofeconomicvaluationoftraveltimevariabilityandthevalueoftraveltimesavingsofurbanpassengertransport AT rfilippova analysisoftheoreticalapproachestoestimationofeconomicvaluationoftraveltimevariabilityandthevalueoftraveltimesavingsofurbanpassengertransport |