Georg Abay

Publications (4)0 Total impact

• Source

  Available from: Stephane Hess

  Article: Income and distance elasticities of values of travel time savings: New Swiss results

  Kay W. Axhausen, Stephane Hess, Arnd König, Georg Abay, John J. Bates, Michel Bierlaire
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  ABSTRACT: This paper presents the findings of a study looking into the valuation of travel time savings (VTTS) in Switzerland, across modes as well as across purpose groups. The study makes several departures from the usual practice in VTTS studies, with the main one being a direct representation of the income and distance elasticity of the VTTS measures. Here, important gains in model performance and significantly different results are obtained through this approach. Additionally, the analysis shows that the estimation of robust coefficients for congested car travel time is hampered by the low share of congested time in the overall travel time, and the use of an additional rate-of-congestion coefficient, in addition to a generic car travel time coefficient, is preferable. Finally, the analysis demonstrates that the population mean of the indicators calculated is quite different from the sample means and presents methods to calculate those, along with the associated variances. These variances are of great interest as they allow the generation of confidence intervals, which can be extremely useful in cost-benefit analyses.
  Transport Policy. 01/2008;
• Source

  Available from: Stephane Hess

  Article: State of the art estimates of the Swiss value of travel time savings

  Kay W Axhausen, Stephane Hess, Arnd König, Georg Abay, John J Bates, Michel Bierlaire
  [show abstract] [hide abstract]
  ABSTRACT: This paper presents the findings of a study looking into the valuation of travel time savings (VTTS) in Switzerland, across modes as well as across purpose groups. The study makes several departures from the usual prac-tice in VTTS studies, with the main one being a direct representation of the income and distance elasticity of the VTTS measures. Here, important gains in model performance and significantly different results are obtained through this approach. Additionally, the analysis shows that the estimation of robust coefficients for congested car travel time is hampered by the low share of congested time in the overall travel time, and the use of an addi-tional rate-of-congestion coefficient, in addition to a generic car travel time coefficient, is preferable. Finally, the analysis demonstrates that the popu-lation mean of the indicators calculated is quite different from the sample means and presents methods to calculate those, along with the associated variances. These variances are of great interest as they allow the genera-tion of confidence intervals, which can be extremely useful in cost-benefit analyses.
  08/2006;
• Source

  Available from: ethz.ch

  Article: Swiss value of travel Time Savings

  Kay Axhausen, Arnd Koenig, Georg Abay, John Bates, Michel Bierlaire
• Article: The acceptance of modal innovation: The case of Swissmetro

  Michel Bierlaire, Kay Axhausen, Georg Abay