Proceedings of the 2019 4th International Conference on Financial Innovation and Economic Development (ICFIED 2019)

How Does Bike-sharing Affect the Value of Travel Time Saving?

Authors
Sherry Song
Corresponding Author
Sherry Song
Available Online February 2019.
DOI
10.2991/icfied-19.2019.57How to use a DOI?
Keywords
VTTS, Bike-sharing, SP
Abstract

The value of travel time saving attaches a monetary value to travel time savings. In urban traffic, it is a one of central concepts for transport policy. After the birth of bike sharing in China, bike sharing has played an important role in commute, and the value of travel time savings has also changed. This paper establishes a random utility function model, we calculate the value of time savings in different scenarios, and we analyses the disctinction of the VTTSs of different travel modes, according to our result of models, the suggestions will be given for urban traffic construction in Beijing to improve commute efficiency base on the result of this empirical study.

Copyright
© 2019, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 2019 4th International Conference on Financial Innovation and Economic Development (ICFIED 2019)
Series
Advances in Economics, Business and Management Research
Publication Date
February 2019
ISBN
10.2991/icfied-19.2019.57
ISSN
2352-5428
DOI
10.2991/icfied-19.2019.57How to use a DOI?
Copyright
© 2019, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Sherry Song
PY  - 2019/02
DA  - 2019/02
TI  - How Does Bike-sharing Affect the Value of Travel Time Saving?
BT  - Proceedings of the 2019 4th International Conference on Financial Innovation and Economic Development (ICFIED 2019)
PB  - Atlantis Press
SP  - 297
EP  - 302
SN  - 2352-5428
UR  - https://doi.org/10.2991/icfied-19.2019.57
DO  - 10.2991/icfied-19.2019.57
ID  - Song2019/02
ER  -