G2TT
来源类型FEEM working papers "Note di lavoro" series
规范类型论文
Estimating the Value of Travel Time to Recreational Sites Using Revealed Preferences
Carlo Fezzi; Ian J. Bateman; Silvia Ferrini
发表日期2013
出处Climate Change and Sustainable Development
出版年2013
语种英语
摘要The opportunity Value of Travel Time (VTT) is one of the most important parts of the total cost of recreation day-trips and arguably the most difficult to estimate. Most studies build upon the theoretical framework proposed by Becker’s (1965) by using a combination of revealed and stated preference data to estimate a value of time which is uniform in all activities and under all circumstances. This restriction is relaxed by DeSerpa’s (1971) model which allows the value of saving time to be activity-specific. We present the first analysis which uses actual driving choices between open access and toll roads to estimate a VTT specific for recreation trips, thereby providing a value which conforms to both Becker’s and DeSerpa’s models. Using these findings we conduct a Monte Carlo simulation to identify generalizable results for use in subsequent valuation studies.
特色分类Q50
关键词Value of Time Value of Travel Time Savings Recreation Demand Models Revealed Preferences Willingness To Pay Space
URLhttps://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/estimating-the-value-of-travel-time-to-recreational-sites-using-revealed-preferences/
来源智库Fondazione Eni Enrico Mattei (Italy)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/118191
推荐引用方式
GB/T 7714
Carlo Fezzi,Ian J. Bateman,Silvia Ferrini. Estimating the Value of Travel Time to Recreational Sites Using Revealed Preferences. 2013.
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