This research examined if travelers are paying for travel on managed lanes (MLs) as they indicated that they would in a 2008 survey. The other objectives of this research included estimating travelers’ value of travel time savings (VTTS) and their value of travel time reliability (VOR), and examining the multiple survey designs used in a 2008 survey to identify which survey design better predicted ML traveler behavior. To achieve the objectives, an Internet-based follow-up stated preference (SP) survey of Houston’s Katy Freeway travelers was conducted in 2010. Three survey design methodologies—Db-efficient, random level generation, and adaptive random—were tested in this survey. A total of 3,325 responses were gathered from the survey, and of those, 869 responses were from those who likely also responded to the previous 2008 survey. Mixed logit models were developed for those 869 previous survey respondents to estimate and compare the VTTS to the 2008 survey estimates. It was found that the 2008 survey estimates of the VTTS were very close to the 2010 survey estimates. In addition, separate mixed logit models were developed from the responses obtained from the three different design strategies in the 2010 survey. The implied mean VTTS varied across the design-specific models. Only the Db-efficient design was able to estimate a VOR. Based on this and several other metrics, the Db-efficient design outperformed the other designs. A mixed logit model including all the responses from all three designs was also developed; the implied mean VTTS was estimated as 65 percent ($22/hr) of the mean hourly wage rate, and the implied mean VOR was estimated as 108 percent ($37/hr) of the mean hourly wage rate. Data on actual usage of the MLs were also collected. Based on actual usage, the average VTTS was calculated as $51/hr. However, the $51/hr travelers are paying likely also includes the value travelers place on travel time reliability of the MLs. The total (VTTS+VOR) amount estimated from the all-inclusive model from the survey was $59/hr, which is close to the value estimated from the actual usage. The Db-efficient design estimated this total as $50/hr. This research also shows that travelers have a difficulty in estimating the time they save while using a ML. They greatly overestimate the amount of time saved. It may well be that even though travelers are saving a small amount of time they value that time savings (and avoiding congestion) much higher – possibly similar to their amount of perceived travel time savings. The initial findings from this study, reported here, are consistent with the hypothesis that travelers are paying for their travel on MLs, much as they said that they would in our previous survey. This supports the use of data on intended behavior in policy analysis.

Travelers' value of travel time savings (VTTS) are often used to estimate the benefits of transportation facilities, including managed lanes (MLs). With various eligibility criteria and time of day pricing on the MLs, the VTTS estimation is complicated. This is evident by the underestimation of VTTS on MLs in many of the previous studies. This study investigates stated preference (SP) survey design strategies and differentiating the VTTS for ordinary and some common urgent situations faced by the travelers in an attempt to improve on VTTS estimation on MLs. This study used three different survey design strategies (including a D-efficient design) in an internet based survey of Katy Freeway travelers. It was found that a random attribute level generation strategy, where the VTTS presented in the alternative was adjusted based on the answer to a previous SP question, performs better than the other two designs with respect to VTTS estimation and other survey design efficiency criteria. The analysis to differentiate the VTTS for ordinary and urgent trips was carried out using the state of art in the mixed logit model estimation. It was found that travelers value their travel time savings much more when facing most of these urgent situations rather than ordinary situations. Both peak and off-peak period travelers' VTTS were also found to be significantly greater when on urgent trips. Survey design attribute level ranges were found to significantly affect the VTTS estimation. Further, in order to understand the policy implications of these findings it was demonstrated that classifying all trips as ordinary can significantly underestimate the VTTS benefits offered by the MLs. Additionally, the VTTS of any urgent trips would be greatly underestimated. The study also demonstrated that many of the low and medium income group travelers on urgent trips can have VTTS greater than that of the highest VTTS traveler from the high income group on an ordinary trip. These findings have significant policy implications since the benefits of MLs (and of most transportation investments) are primarily derived from travel time savings. Underestimating the VTTS and hence the benefits for MLs can result in reducing the likelihood of funding such facilities. This study provides an important first step in the proper estimation of these benefits by suggesting modifications to SP surveys to better capture the influence of urgent trips on the value of a ML facility.

Carpools can be comprised of family members (fampools), non-family members (non-fampools) or a combination of both. Overall, carpool mode share has decreased during the 1980's and 1990's, even as the policies were in place to encourage carpooling, but at the same time the share of fampools increased quite significantly. By analyzing the characteristics of fampools and non-fampools, we can better understand how policies may impact each group. One area of particular interest is the impact of managed lanes on the mode choice of fampools and non-fampools. For this research, survey data collected from both Houston and Dallas, Texas was used to investigate the mode choice of fampools and non-fampools on managed lanes. The survey data was weighted to better represent the traveler population. The weighted survey data was analyzed to better understand the characteristics of fampools and non-fampools. Non-fampools were formed more frequently in a week than fampools. The average carpool formation time was similar for both fampools and non-fampools at 6.4 minutes and 6.2 minutes, respectively. Fampools rated "drop off kids at school or day care" higher than non-fampools and non-fampools rated "sharing vehicle expenses" higher than fampools as the most important reason for the formation of their current carpool. A majority of travelers from both groups showed an interest in using managed lanes and "travel time reliability" was rated most important factor for this interest. Fampools and non-fampools were split into subgroups based on their current number of passengers. Among these four sub-groups, the majority of respondents were interested in using managed lanes. Random parameter logit models were developed for both fampools and non-fampools. For the fampools, the value of travel time savings was estimated to be $ 22.80 per hour. Non-fampools were not sensitive to the travel time. Different travel scenarios were simulated for both fampools and non-fampools. The results showed that with increased tolls on the managed lanes the decrease in carpool mode share on managed lanes was compensated by an increase in carpool mode share on the GPLs for both fampools and non-fampools. With an increased toll, both fampools and non-fampools showed less sensitivity to the toll cost. The estimated demand elasticity was fairly inelastic for both fampools and non-fampools.

Este estudo apresenta uma discussão sobre os congestionamentos, especialmente sobre os fatores estruturais, permitindo que seja visualizado o cenário para os próximos anos. Destaca a possibilidade de adoção de medidas para combater esse problema que afeta as cidades brasileiras de médio e grande portes. São citadas medidas de restrição à circulação de veículos, lembrando que, em países em desenvolvimento, esse tipo de medida enfrenta dificuldades para serem implantadas. A partir disso chama a atenção para as deseconomias que os congestionamentos imputam à sociedade, especialmente em relação ao tempo perdido. Destaca ainda a necessidade de se quantificar essas perdas, pois quando projetos de transportes são analisados, leva-se em conta sua capacidade de reduzir ou eliminar essas perdas, fazendo-se uso de indicadores, como o valor do tempo de viagem. São analisados alguns estudos brasileiros que estimaram os valores de tempo de viagem, comparando-se esses valores a fim de encontrar relações entre eles, discutindo também os fatores que influenciam a atribuição do valor do tempo de viagem. Por fim, o estudo analisa os impactos do uso do valor do tempo na avaliação de projetos, fazendo uso de cinco sistemáticas de cálculo, nas quais o valor do tempo de viagem é obtido através de fórmulas diferentes. Os resultados apresentados indicam uma diferença de mais de 69% entre o menor e o maior valor calculado. / The aim of this study is to analyse road congestion, especially considering structural aspects and the scenarios for the future. It emphasizes the possibility of using special tools for facing these problems which affect medium and biggest cities. Although traffic restrictions are major tools to face congestion, they have presented some problems when used in emerging countries. The study also consider the externalities caused by congestion, especially in terms of travel time spent on queues. The main methods for quantifying the travel time losses were identified in order to estimate the benefits coming from transport projects. Some Brazilian cases that estimate the value of travel time are analysed and the values obtained are compared in order to found relationships amongst them. The main factors affecting the value of time in each study are also considered. Finally, the impacts of the value of time on the appraisal of transport project are analysed based on five ways for calculating such impacts. Thus the value of time is obtained from the five different approaches. The results show a different of more than 69% between the smallest and the biggest value.

Este estudo apresenta uma discussão sobre os congestionamentos, especialmente sobre os fatores estruturais, permitindo que seja visualizado o cenário para os próximos anos. Destaca a possibilidade de adoção de medidas para combater esse problema que afeta as cidades brasileiras de médio e grande portes. São citadas medidas de restrição à circulação de veículos, lembrando que, em países em desenvolvimento, esse tipo de medida enfrenta dificuldades para serem implantadas. A partir disso chama a atenção para as deseconomias que os congestionamentos imputam à sociedade, especialmente em relação ao tempo perdido. Destaca ainda a necessidade de se quantificar essas perdas, pois quando projetos de transportes são analisados, leva-se em conta sua capacidade de reduzir ou eliminar essas perdas, fazendo-se uso de indicadores, como o valor do tempo de viagem. São analisados alguns estudos brasileiros que estimaram os valores de tempo de viagem, comparando-se esses valores a fim de encontrar relações entre eles, discutindo também os fatores que influenciam a atribuição do valor do tempo de viagem. Por fim, o estudo analisa os impactos do uso do valor do tempo na avaliação de projetos, fazendo uso de cinco sistemáticas de cálculo, nas quais o valor do tempo de viagem é obtido através de fórmulas diferentes. Os resultados apresentados indicam uma diferença de mais de 69% entre o menor e o maior valor calculado. / The aim of this study is to analyse road congestion, especially considering structural aspects and the scenarios for the future. It emphasizes the possibility of using special tools for facing these problems which affect medium and biggest cities. Although traffic restrictions are major tools to face congestion, they have presented some problems when used in emerging countries. The study also consider the externalities caused by congestion, especially in terms of travel time spent on queues. The main methods for quantifying the travel time losses were identified in order to estimate the benefits coming from transport projects. Some Brazilian cases that estimate the value of travel time are analysed and the values obtained are compared in order to found relationships amongst them. The main factors affecting the value of time in each study are also considered. Finally, the impacts of the value of time on the appraisal of transport project are analysed based on five ways for calculating such impacts. Thus the value of time is obtained from the five different approaches. The results show a different of more than 69% between the smallest and the biggest value.

Este estudo apresenta uma discussão sobre os congestionamentos, especialmente sobre os fatores estruturais, permitindo que seja visualizado o cenário para os próximos anos. Destaca a possibilidade de adoção de medidas para combater esse problema que afeta as cidades brasileiras de médio e grande portes. São citadas medidas de restrição à circulação de veículos, lembrando que, em países em desenvolvimento, esse tipo de medida enfrenta dificuldades para serem implantadas. A partir disso chama a atenção para as deseconomias que os congestionamentos imputam à sociedade, especialmente em relação ao tempo perdido. Destaca ainda a necessidade de se quantificar essas perdas, pois quando projetos de transportes são analisados, leva-se em conta sua capacidade de reduzir ou eliminar essas perdas, fazendo-se uso de indicadores, como o valor do tempo de viagem. São analisados alguns estudos brasileiros que estimaram os valores de tempo de viagem, comparando-se esses valores a fim de encontrar relações entre eles, discutindo também os fatores que influenciam a atribuição do valor do tempo de viagem. Por fim, o estudo analisa os impactos do uso do valor do tempo na avaliação de projetos, fazendo uso de cinco sistemáticas de cálculo, nas quais o valor do tempo de viagem é obtido através de fórmulas diferentes. Os resultados apresentados indicam uma diferença de mais de 69% entre o menor e o maior valor calculado. / The aim of this study is to analyse road congestion, especially considering structural aspects and the scenarios for the future. It emphasizes the possibility of using special tools for facing these problems which affect medium and biggest cities. Although traffic restrictions are major tools to face congestion, they have presented some problems when used in emerging countries. The study also consider the externalities caused by congestion, especially in terms of travel time spent on queues. The main methods for quantifying the travel time losses were identified in order to estimate the benefits coming from transport projects. Some Brazilian cases that estimate the value of travel time are analysed and the values obtained are compared in order to found relationships amongst them. The main factors affecting the value of time in each study are also considered. Finally, the impacts of the value of time on the appraisal of transport project are analysed based on five ways for calculating such impacts. Thus the value of time is obtained from the five different approaches. The results show a different of more than 69% between the smallest and the biggest value.

Abstract A great deal of research in transportation economics has been motivated by the need to solve traffic congestion problems and to diminish negative environmental effects of road transport. The question, whether the economic measures are efficient, motivates this dissertation on the value of travel time, the rules of optimal pricing and the demands for public transportation and private car use. Three concepts of the marginal value of travel time (MVT) are specified in this thesis. The first concept involves only the direct disutility of the travel time to work in addition to the utility of market goods and leisure. The second concept also includes the disutility from the time spent at work. The third concept furthermore takes into account the effect of the length of working hours, travel time, cost and income. The length of travel time, gender, family structure and flexibility of working hours have different effects on empirical MVTs, but travel costs and income affect them in a similar fashion. The pricing decisions of the firms providing bus services are analysed with and without public subsidies. The consumption externality, i.e. the quantity demanded by other users, affects the individual bus demand. The results indicate that under uniform pricing, a socially optimal subsidy equals the increase in consumer's surplus minus the fare revenue lost from current users due to lower fare. Under nonlinear pricing, the optimal pricing can be achieved when the regulator sets the subsidy so that it is inversely proportional to the network elasticity. The welfare loss due to increasing tax burden and the opportunity cost of providing cash fare service is also taken into account in the optimal pricing rule. A model of bus demand with asymmetric information on the characteristics of bus users is developed. The model allows for habit formation and network effects. The latter effect is due to the positive influence of the aggregate demand for Regional Bus Cards (RBC) on an individual's own demand. The empirical results indicate that in RBC services positive network effects are present and the elasticity of network size is less than one, which implies that the regional bus card is an impure public good. The own price elasticity of RBC in the short run is within the range of -0.3 and -1.1. The demand for RBC cards is more elastic than demand for RBC trips or passenger kilometres. The estimated price elasticity of urban bus demand is in line with that of RBC. A reasonably high cross-price elasticity of RBC trips and the ticket of 40 trips but a lower reverse elasticity were found. A weakly separable demand for car mileage from car ownership and labour supply was rejected as was the exogeneity of car ownership in the mileage model. Therefore, the price elasticity of car mileage with respect to fuel price was estimated from the two equation model of car mileage with endogenous car ownership. The estimated parameters of the Tobit model are consistent but slightly higher than those estimated from the least squares. The fuel price elasticity varies from -0.2 to -0.9 with exogenous and endogenous car ownership, respectively. The findings of this study can be applied in the analysis and implementation of different pricing and subsidy schemes for public transportation, as well as in the evaluation of the effectiveness of economic instruments for managing the growth of private car use.

This licentiate thesis consists of an introduction (‘kappa’) and three papers discussing various aspects of time as a commodity and the practice of valuing travel time. The first paper is an analysis of the properties of time as an economic resource taking into account literature on behavior with regard to time. The intent is to provide better understanding of the underlying assumption of transferability between time and money in the context of transportation. The second paper builds on the analysis in the first paper combined with the findings of a study of commuters travel experiences during disruptions in the train traffic on the Øresund strait between Sweden and Denmark. It contrasts the theoretical account of value of travel time with the experiences reported by commuters and argues that the view of travel time as strictly a disutility can be limiting from a planning perspective. Instead, it is argued that an alternative approach can be to make travel time ‘plannable’, meaning viewing travel time as time travellers can plan to spend in a certain way at a certain time. The third paper argues that the diversity of possible mobility solutions based on self-driving vehicles has been somewhat overlooked in the current literature on value of travel time. Thus, the complexity of valuing travel time for self-driving vehicles has not been fully addressed. The paper consists of a morphological analysis of the parameters that might impact value of travel time for self-driving vehicles and a deeper analysis of five plausible self-driving vehicle mobility concepts. It is claimed that not all such concepts can be easily mapped into transport modes and that it might be more appropriate to differentiate value of travel based on travel characteristics. / Denna licentiatavhandling består av en introduktion och treartiklar som på olika sätt berör värdering av restid. Vare sigvi vill det eller inte är vår vardag driven av och bunden av tid.Vi planerar vår tid, spenderar vår tid och stressar när tideninte räcker till. Det vi önskar, vill och måste göra tar tid; tidenvillkorar helt enkelt mycket i våra liv. Om det är så att vi villförflytta oss från en fysisk plats till en annan, kanske mellanhem och jobb eller skola, tar det tid. Den här specifika tiden,restiden, antas behövas på grund av behovet av att jobba, fikaeller handla, inte genom en önskan om att resa i sig (även omdet självklart finns resor vi gör för nöjes skull, där nöjet är självaresan). I och med att resan (och restiden) är nödvändig men intei sig önskvärd är det ett grundläggande antagande inom fältetför transportekonomi att människor vill minimera sin restid i såstor utsträckning som möjligt. Det är det här antagandet sommycket av planeringen och investeringarna i transporter grundarsig på. Genom att undersöka betalningsvilja hos resenärer kanman sätta ett monetärt värde på potentiellt insparad restid: tidblir pengar. Men är det verkligen så enkelt? Till att börja medär tid och pengar de facto inte samma sak. Vi kan inte sparatid på samma sätt som pengar utan sparad tid måste användasomedelbart. Det blir därmed rimligt att anta att vad man gör medden insparade tiden spelar roll eftersom tiden känns mer värd omden kan spenderas på något meningsfullt. Vad man har möjlighetatt göra beror ofta på sammanhanget och upplevs därför mindreflexibelt än när det gäller insparade pengar.Denna avhandling resonerar vidare kring frågor om förhållandetmellan tid och pengar, i synnerhet den vanligt förekommandeoch generellt accepterade monetära värderingen av restid. Tillviss del problematiserar avhandlingen antagandet att tid är pengar och frågar sig om inte för mycket fokus läggs på tidskvantitetframför tidskvalitet och att kan det vara värdefullt att reflekterakring vilka transportinvesteringar som detta gynnar. Syftet äratt undersöka om de vedertagna transportekonomiska modellersom tillämpas idag speglar sådant vi som samhälle värdesätteroch lyfta aspekter som möjligen förbises.Introduktionen till avhandlingen består av en metodologiskdiskussion kring filosofins roll i tvärvetenskapliga projekt, enöversiktlig teoretisk bakgrund till begrepp såsom rationalitetoch välfärdsekonomi och en genomgång av teman som på etteller annat sätt berör värdering av tid. Därefter sammanfattasartiklarna och introduktionen avslutas med slutsatser och ettavsnitt om möjliga framtida forskningsämnen.Den första artikeln i den här avhandlingen handlar om hurförhållandet mellan tid och pengar kan bättre förstås genom attutgå från tiden som det primära att värdesätta. Denna analysoch de insikter som analysen leder till kan därefter förklara ochbättre underbygga antaganden som görs vid modellering av beslutrörande tid. I artikeln analyseras egenskaper av tid i relation tillpengar som framkommit i beteendevetenskaplig och psykologiskforskning. I transportekonomi, likt traditionell mikroekonomi,utgår man från ett antagande om stabila rationella preferenser hosindivider. Givet skillnader mellan hur individer verkar resonerakring tid jämfört med pengar kan man dock ställa sig frågan omdet skulle kunna vara annorlunda att vara rationell med avseendepå tid jämfört med att vara rationell med avseende på pengar. Isynnerhet då det finns egenskaper hos tid som är så pass specifikaatt motsvarande egenskaper inte finns hos andra typer av objekteller varor. Sammantaget hävdar vi att det enkla förhållandetmellan tid och pengar inte är tillräckligt rättfärdigat i ljuset av defaktiska skillnaderna mellan tid och pengar som verkar föreligga.Den andra artikeln i avhandlingen rör upplevelser av restid ochförhållandet mellan upplevelsen och de teoretiska antagandenasom görs i transportekonomi. I artikeln analyserar vi upplevelser av restid hos resenärer som påverkades av det plötsliga införandetav identitetskontroller vid resor mellan Sverige och Danmark 2015.Mot bakgrund av en studie där upplevelserna dokumenteradesvisar vi på aspekter av restid som upplevs men inte speglas i vedertagnatransportekonomiska modeller. Artikeln delar upp dessaaspekter i tre kategorier: (i) aspekter rörande den faktiska restatiden och upplevelser av själva resan, (ii) kortsiktiga anpassningartill rådande omständigheter och (iii) långsiktiga anpassningar tillrådande omständigheter. Vi menar att restiden behöver sättasi ett vidare perspektiv genom att se resan och restiden i ettsammanhang där planering av vardagen är en förutsättning föratt få livet att gå ihop. Ett möjligt sådant perspektiv är att urplaneringssynpunkt sträva efter att göra tiden så ‘planerbar’ sommöjligt, alltså att underlätta individers långsiktiga och kortsiktigaplanering av både restid och resor, istället för att enkom serestid som onytta.I tredje artikeln tillämpas till viss del insikter om vad som skiljertid från pengar och dessa appliceras på värdering av restid försjälvkörande fordon. Värdet av restid beror traditionellt (blandannat) på transportmedel, det vill säga om resan görs med bil,buss eller tåg. Självkörande bilar har i litteraturen setts som ytterligareresslag, ofta en ny sorts bil. Vi menar dock att självkörandefordon kan mynna ut i många olika typer av transportmedel därvissa kommer att likna de vi har idag medan andra kommer attvara nya sett till resegenskaper. Givet att dessa egenskaper är relateradetill aspekter som påverkar resenärers värdering av restidkommer tiden alltså vara olika mycket värd. Värdering av restidför självkörande fordon bli därför mer komplext än att lägga tillett eller ens några ytterligare transportmedel. För att belysa dettagör vi i artikeln en så kallad morfologisk analys där vi spännerupp ett lösningsfält vi menar täcker in aspekter som påverkarvärderingen av restid för självkörande fordon. Sedan analyserarvi möjliga (och troliga) lösningar, där varje lösning motsvararett möjligt transportmedel, och menar att restidsvärdet för dessa lösningar rimligen bör skilja sig åt. Det leder oss till att föreslåatt ett alternativt sätt att segmentera restidsvärde skulle kunnavara att utgå från resegenskaper, snarare än transportmedel somsådana. Sådana resegenskaper skulle kunna vara privat/deladresa eller om resan sker efter tidtabell eller är “on-demand“.Sammanfattningsvis menar jag att monetär värdering av tidkan ses från tre perspektiv: (i) det linjära förhållandet mellan tidoch pengar som sådant, (ii) aggregeringen av individers insparaderestid till faktisk samhällsnytta och (iii) restidsförkortningarsplats i kostnadsnyttoanalys och transportplanering i allmänhet.Transportinvesteringar görs på lång sikt och de samhällsekonomiskakalkyler som ligger till grund för dessa investeringar behöverdärmed spegla både vårt förhållande till tid idag men även hur vikommer att förhålla oss till tiden i framtiden. Rimligen kommervi då ha lika mycket tid som idag, men kommer vårt förhållandetill tid vara detsamma?Slutligen föreslår jag i avhandlingen möjliga framtida temanatt undersöka vidare, såsom transporträttvisa, aggregering avväldigt små restidsvinster och förhållandet mellan risker ochtidsvinster. / <p>QC 20200819</p>

Esta dissertação baseia-se na aplicação de um procedimento empírico envolvendo técnicas de preferência declarada para a estimativa do valor do tempo de viagem de motoristas em deslocamentos regionais, em um contexto de escolha entre rotas pedagiadas e não pedagiadas. Inicialmente é feita uma revisão das abordagens teórica e empírica sobre a valoração do tempo. São também revistos os conceitos básicos de outros dois elementos fundamentais na metodologia aqui utilizada: a teoria da escolha e técnicas de preferência declarada. Uma aplicação a um estudo de caso específico é feita usando informações coletadas em ampla pesquisa de preferência declarada, realizada em 2005 com motoristas de automóvel em diversos pontos da malha rodoviária do estado de São Paulo. O desenho experimental da preferência declarada envolvia três atributos: tempo de viagem por uma rota pedagiada, custo tarifário e tempo de viagem por uma rota não pedagiada. O conjunto das informações foi analisado e utilizado na obtenção de modelos de escolha discreta do tipo logit multinomial; os valores do tempo de viagem foram obtidos a partir dos coeficientes estimados em funções de utilidade aditivas e lineares nos parâmetros. Analisou-se também a variação do valor do tempo em função de características do motorista e da viagem, questão abordada através da estimação de diferentes modelos por segmentos da amostra e da especificação de funções de utilidade que incorporam variáveis dummies para representação das características analisadas. Os resultados indicaram, para a escolha específica estudada, valores de tempo médios de cerca de R$ 16/h, variando de R$12/h a R$23/h para diferentes segmentos de viajantes analisados. A duração da viagem foi uma importante característica associada a variações no valor do tempo, que decresceu na medida em que as durações aumentaram. Variações expressivas no valor do tempo de viagem foram também observadas para viagens a lazer, motoristas de renda familiar baixa e aqueles com alta posse de veículos. / This dissertation is based on the application of an empirical procedure using stated preference techniques for the estimation of the value of travel time for drivers in regional trips, in the context of a choice between tolled and non-tolled routes. It first reviews the theoretical and the empirical approaches for the valuation of travel time and then presents the basic concepts of two other topics relevant for the methodology adopted: choice theory and stated preference methods. An application to a specific case study is then presented, using information from a stated preference survey conducted in 2005 with a large sample of car drivers intercepted at several points in the highway network of the state of São Paulo. The stated preference experimental design considered three attributes: trip time on a tolled route, value of toll and trip time on a non-tolled route. Survey data were analyzed and used for the estimation of discrete choice (multinomial logit) models; values of travel time were derived from estimates of coefficients of an additive linear in the parameters utility function. The specification of the models and the segmentation of the sample allowed the estimation of the variation of travel time according to some selected driver and trip characteristics. Results indicated, for the specific choice context analyzed, an average value of travel time of approximately R$16/h, varying from about R$12/h to R$23/h for different segments of travelers. Trip length was an important characteristic influencing the variation of the value of travel time, which declined as trip length increased. Other important effects were found for leisure trips, for travelers with low income and for those with high family car ownership.

Esta dissertação baseia-se na aplicação de um procedimento empírico envolvendo técnicas de preferência declarada para a estimativa do valor do tempo de viagem de motoristas em deslocamentos regionais, em um contexto de escolha entre rotas pedagiadas e não pedagiadas. Inicialmente é feita uma revisão das abordagens teórica e empírica sobre a valoração do tempo. São também revistos os conceitos básicos de outros dois elementos fundamentais na metodologia aqui utilizada: a teoria da escolha e técnicas de preferência declarada. Uma aplicação a um estudo de caso específico é feita usando informações coletadas em ampla pesquisa de preferência declarada, realizada em 2005 com motoristas de automóvel em diversos pontos da malha rodoviária do estado de São Paulo. O desenho experimental da preferência declarada envolvia três atributos: tempo de viagem por uma rota pedagiada, custo tarifário e tempo de viagem por uma rota não pedagiada. O conjunto das informações foi analisado e utilizado na obtenção de modelos de escolha discreta do tipo logit multinomial; os valores do tempo de viagem foram obtidos a partir dos coeficientes estimados em funções de utilidade aditivas e lineares nos parâmetros. Analisou-se também a variação do valor do tempo em função de características do motorista e da viagem, questão abordada através da estimação de diferentes modelos por segmentos da amostra e da especificação de funções de utilidade que incorporam variáveis dummies para representação das características analisadas. Os resultados indicaram, para a escolha específica estudada, valores de tempo médios de cerca de R$ 16/h, variando de R$12/h a R$23/h para diferentes segmentos de viajantes analisados. A duração da viagem foi uma importante característica associada a variações no valor do tempo, que decresceu na medida em que as durações aumentaram. Variações expressivas no valor do tempo de viagem foram também observadas para viagens a lazer, motoristas de renda familiar baixa e aqueles com alta posse de veículos. / This dissertation is based on the application of an empirical procedure using stated preference techniques for the estimation of the value of travel time for drivers in regional trips, in the context of a choice between tolled and non-tolled routes. It first reviews the theoretical and the empirical approaches for the valuation of travel time and then presents the basic concepts of two other topics relevant for the methodology adopted: choice theory and stated preference methods. An application to a specific case study is then presented, using information from a stated preference survey conducted in 2005 with a large sample of car drivers intercepted at several points in the highway network of the state of São Paulo. The stated preference experimental design considered three attributes: trip time on a tolled route, value of toll and trip time on a non-tolled route. Survey data were analyzed and used for the estimation of discrete choice (multinomial logit) models; values of travel time were derived from estimates of coefficients of an additive linear in the parameters utility function. The specification of the models and the segmentation of the sample allowed the estimation of the variation of travel time according to some selected driver and trip characteristics. Results indicated, for the specific choice context analyzed, an average value of travel time of approximately R$16/h, varying from about R$12/h to R$23/h for different segments of travelers. Trip length was an important characteristic influencing the variation of the value of travel time, which declined as trip length increased. Other important effects were found for leisure trips, for travelers with low income and for those with high family car ownership.