The report examines the suggestion that the total amount of time, money or generalized cost spent on personal travel may be constant over time, in cross-section or under changes of travel costs or policies. Invariant expenditure of either time or money on travel is inconsistent with rational economic behavior and with conventional transport modelling. A theoretical analysis concludes that generalized expenditure on travel might be invariant. (Copyright (c) Crown Copyright 1979.)


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    Titel :

    Expenditure of Time and Money on Travel


    Beteiligte:
    J. C. Tanner (Autor:in)

    Erscheinungsdatum :

    1979


    Format / Umfang :

    32 pages


    Medientyp :

    Report


    Format :

    Keine Angabe


    Sprache :

    Englisch




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