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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Main Authors: V. Donchenko, R. Filippova
Format: Article
Language:English
Published: Publishing House of the State University of Management 2018-05-01
Series:Вестник университета
Subjects:
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.
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institution Kabale University
issn 1816-4277
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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