Marks, P. (1986) Results From an Analysis of the Mode Choice Decisions of Long Distance Business Travellers. Working Paper. Institute of Transport Studies, University of Leeds , Leeds, UK.
Mode choice models for long distance business travellers have been calibrated, using data on actual choices, generally with the objetive of deriving demand elasticities and values of time for use in forecasting. The most recent such work using UK data dates from 1971. The results presented in this paper provide a much needed update of this earlier work.
Mode choice models are estimated using data collected from two surveys of long distance business travellers. Two sets of choices are modelled: car versus rail and air versus rail, where one of the two modes was that used on a recent long distance business trip and the other was the traveller's best alternative mode for the trip. Most of these trips were between North East and South East England. The estimated values of time are found to be substantially larger than those obtained in past studies.
|Copyright, Publisher and Additional Information:||Copyright of the Institute of Transport Studies, University Of Leeds.|
|Institution:||The University of Leeds|
|Academic Units:||The University of Leeds > Faculty of Environment (Leeds) > Institute for Transport Studies (Leeds)|
|Depositing User:||Adrian May|
|Date Deposited:||12 Apr 2007|
|Last Modified:||13 Aug 2015 21:39|
|Publisher:||Institute of Transport Studies, University of Leeds|
|Identification Number:||Working Paper 225|