Scandinavian Working Papers in Economics

Working papers in Transport Economics,
CTS - Centre for Transport Studies Stockholm (KTH and VTI)

No 2017:6: Public transport: one mode or several?

Juan Manuel Lorenzo Varela (), Maria Börjesson () and Andrew Daly
Additional contact information
Juan Manuel Lorenzo Varela: KTH, Postal: Centrum för Transportstudier (CTS), Teknikringen 10, 100 44 Stockholm, Sweden
Maria Börjesson: KTH, Postal: Centrum för Transportstudier (CTS), Teknikringen 10, 100 44 Stockholm, Sweden
Andrew Daly: ITS, Leeds / RAND Europe, Postal: Centrum för Transportstudier (CTS), Teknikringen 10, 100 44 Stockholm, Sweden

Abstract: This paper develops a methodology for testing and implementing differences in preferences for a set of public transport modes, relating to observed and unobserved attributes, in state-of-practice large-scale travel demand models. Results of a case study for commuters in the Stockholm public transport system suggest that there are preference differences among public transport modes, and that they are captured by unobserved attributes. Surprisingly, we found no evidence for differences proportional to the in-vehicle time, suggesting that characteristics of in-vehicle time in different public transport modes, such as comfort, are valued equally by the travellers. We also found that the value of time is higher for auxiliary modes than for the main mode, and that the unobserved preference for metro is highest and the preference for light rail lowest.

Keywords: Choice behaviour; Generalised travel cost; Unobserved preferences; Rail factor; Demand forecast

JEL-codes: R40

24 pages, March 23, 2017

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