1974•Special report - Transportation Research Board, National Research CouncilRequires access

BEHAVIOR DEMAND MODELING AND VALUATION OF TRAVEL TIME. POLICY ISSUES

Eugene D. Perle

Abstract

This workshop was concerned with the applicability of disaggregate behavioral travel models in demand estimation and value of time studies. Special attention was given to their usefulness in aiding policy decision-making and planning in special situations. Discussions were stimulated by two papers, of which one addressed problems involved in the concept of travel time valuation and the determination and application of travel time values, and the other considered the practical requirements of demand modeling in special context planning and the appropriateness of disaggregate travel demand models in such situations.

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Key concepts: Valuation (finance), Travel time, Demand forecasting, Travel behavior, Demand management, Transportation planning, Estimation, Operations research