Evaluation of the pricing preferences and value of time for high speed rail (HSR) users in Turkey


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Tüydeş Yaman H. , Dalkıç G.

JOURNAL OF THE FACULTY OF ENGINEERING AND ARCHITECTURE OF GAZI UNIVERSITY, cilt.34, ss.255-273, 2019 (SCI İndekslerine Giren Dergi) identifier identifier

  • Yayın Türü: Makale / Tam Makale
  • Cilt numarası: 34
  • Basım Tarihi: 2019
  • Doi Numarası: 10.17341/gazimmfd.416487
  • Dergi Adı: JOURNAL OF THE FACULTY OF ENGINEERING AND ARCHITECTURE OF GAZI UNIVERSITY
  • Sayfa Sayıları: ss.255-273

Özet

High Speed Rail (HSR), a new intercity passenger mode in Turkey, has high travel time reduction potential and competes against both road and air travel modes. A survey among the current HSR users showed that pricing at intercity bus ticket level is a factor increasing the preferability of HSR. If HSR ticket price is more than bus ticket price, 60 0 of the HSR users stated to prefer HSR, while only 40 0 stated preference, if HSR is priced equal to air ticket prices. Binary logit models developed in the study suggested travel time reduction as a major factor affecting HSR choice. It was determined that Value of Time (VoT) estimations using the binary logit models vary among both HSR lines and different traveler groups.