The goods/activities framework for discrete travel choices: indirect utility and value of time

dc.creatorJara Díaz, Sergio
dc.date.accessioned2019-12-26T18:07:58Z
dc.date.available2019-12-26T18:07:58Z
dc.date.created2019-12-26T18:07:58Z
dc.date.issued2002
dc.identifierEn: In perpetual motion: travel behavior research opportunities and application challenges. Capítulo 20. Elsevier, 2002. p. 415-429
dc.identifierhttps://repositorio.uchile.cl/handle/2250/172995
dc.description.abstractThis book chapter presents the properties of the conditional indirect utility function corresponding to an expanded version of the goods/leisure trade-off model, which includes work and travel time as direct sources of utility. The analysis is focused on the role of the marginal utilities in the formation of a general interpretation of the subjective value of travel time. It is shown that this analysis depends on the exogeneity of income, and on the relation between goods consumption and consumption time. The marginal utility of work is shown to be especially important.
dc.languageen
dc.publisherElsevier
dc.sourceIn perpetual motion: travel behavior research opportunities and application challenges
dc.subjectActivity choices
dc.subjectChoice models
dc.subjectDiscrete systems
dc.subjectLeisure time
dc.subjectMicroeconomics
dc.subjectTime studies
dc.subjectTransportation planning
dc.subjectTravel behavior
dc.subjectTravel patterns
dc.subjectTravel time
dc.titleThe goods/activities framework for discrete travel choices: indirect utility and value of time
dc.typeCapítulo de libro


Este ítem pertenece a la siguiente institución