The study of the value of travel time is of great importance in transportation projects. Studying the value of travel time for commuters and non-commuters can help optimize transportation policy and infrastructure planning, especially in reducing congestion and improving efficiency. Understanding the different views of different groups on travel time can help to better meet the needs of different groups and improve their sense of well-being; at the same time, it can be used to plan and optimize transportation modes according to the different behavioral patterns of travel mode choices adopted by different groups with different values of time, and promote the balance between supply and demand. Promote more effective social resource allocation. This paper adopts orthogonal experimental design method to design the SP survey, and establishes a multinomial logit model for random utility maximization based on the travel data of commuters and non-commuters obtained by the SP survey method. Calculating the value of time for residents with different travel purposes (commuter and non-commuter) choosing different travel modes, it is concluded that the value of time for commuters is generally higher than that for non-commuters.
A study of Commuters’ and non-Commuters’ Travel Mode Choice Behavior Based on the Value of Time
Advances in Engineering res
International Conference on Rail Transit and Transportation ; 2024 ; Jiaozuo, China October 10, 2024 - October 12, 2024
Proceedings of the 2024 International Conference on Rail Transit and Transportation (ICRTT 2024) ; Chapter : 18 ; 158-168
2024-12-15
11 pages
Article/Chapter (Book)
Electronic Resource
English
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