期刊
TRANSPORTATION RESEARCH PART A-POLICY AND PRACTICE
卷 82, 期 -, 页码 130-140出版社
PERGAMON-ELSEVIER SCIENCE LTD
DOI: 10.1016/j.tra.2015.09.012
关键词
Time allocation model; Value of travel-time savings; High-speed rail
This paper examines the variation in the value of travel-time savings (VTTS), a fundamental element determining the market demand for high-speed rail. Following a review of time allocation theories, a time allocation model for general travel behavior is proposed as a further elaboration of Evans' (1972) activities analysis. There are relationships among activities that can be expressed using a linear inequality to show the constraints on the arrangement of activities. This model indicates that two or more activities can be simultaneously rearranged to improve time management, which may be a source of variation in VTTS. This time allocation model can explain why large-scale high-speed rail construction in China faces significant market risks and a high likelihood of economic loss. Data from a new ticket sales and booking system for railway passengers indicate that passengers prefer conventional overnight sleeper trains, rather than high-speed trains, for long-distance travel, which supports the analysis of the time allocation model. (C) 2015 Elsevier Ltd. All rights reserved.
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