Beyond traditional value-of-time: passenger behavior for multimodal door-to-door travels in the age of information technologies

Nathalie Lenoir (1) , Isabelle Laplace (1)

1 ENAC - Ecole Nationale de l'Aviation Civile

Today, new services and products open a realm of possibilities to the imagination of individuals, leading to profound changes in the way we live and move. For practicality reasons, current transport models usually consider individual transport modes with the attributes of monetary costs and time costs, using the value of time savings of travellers. This leads to the supremacy of speed in models of passenger behaviour and in the evaluation of transport infrastructure project. However, today people seem to consider other attributes than just price and time of travel. Moreover they usually string together several transport modes from the origin to the destination, and take into account the whole package when deciding about their trip. In this paper we look at previous research on various transport modes (or combination of transport modes) in order to identify how people currently behave when they decide to travel and choose their transport modes. We highlight the need to review our concept of value of time savings with a highlight on the specific case of multimodal door-to-door travels.

Domaines: Microstructure des marchés [q-fin.TR]

Nathalie Lenoir, Isabelle Laplace. Beyond traditional value-of-time: passenger behavior for multimodal door-to-door travels in the age of information technologies. European Transport Conference 2017, Oct 2017, Barcelona, Spain. ⟨hal-01704461⟩