Reinaldo Guerra | Universidad de Chile (original) (raw)
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Papers by Reinaldo Guerra
Transportation Research Part B: Methodological, 2008
... Among these relations, we find the willingness to pay to diminish travel time (the so-called ... more ... Among these relations, we find the willingness to pay to diminish travel time (the so-called value of travel time savings), which can be shown to summarize two effects: the value of doing something else be it leisure or work and the intrinsic value of travel time. ...
Page 1. 10th International Conference on Travel Behaviour Research _____ August 10-15, 2003 I Mod... more Page 1. 10th International Conference on Travel Behaviour Research _____ August 10-15, 2003 I Modeling activity duration and travel choice from a com-mon microeconomic framework ...
11th World Conference …, 2007
... Greeven, Paulina. Universidad de Chile. Guerra, Reinaldo. Universidad de Chile. Monograph Tit... more ... Greeven, Paulina. Universidad de Chile. Guerra, Reinaldo. Universidad de Chile. Monograph Title: ... World Conference on Transport Research Society. Secretariat, 14 Avenue Berthelot 69363Lyon cedex 07 France. Availability: World Conference on Transport Research Society. ...
A new approach to calculate the value of leisure is developed and applied. This is derived from a... more A new approach to calculate the value of leisure is developed and applied. This is derived from a consumer behaviour model that includes goods and activities. A system of time assignment equations is explicitly obtained from which the values of both leisure and work can be analytically calculated using econometrically estimated parameters. This framework is applied using detailed data from three samples in diverse settings: Santiago (Chile), Karlsruhe (Germany), and Thurgau (Switzerland). The empirically estimated values of leisure differ from the wage rate and a theoretical justification is provided.
Transportation Research Part B: Methodological, 2008
... Among these relations, we find the willingness to pay to diminish travel time (the so-called ... more ... Among these relations, we find the willingness to pay to diminish travel time (the so-called value of travel time savings), which can be shown to summarize two effects: the value of doing something else be it leisure or work and the intrinsic value of travel time. ...
Page 1. 10th International Conference on Travel Behaviour Research _____ August 10-15, 2003 I Mod... more Page 1. 10th International Conference on Travel Behaviour Research _____ August 10-15, 2003 I Modeling activity duration and travel choice from a com-mon microeconomic framework ...
11th World Conference …, 2007
... Greeven, Paulina. Universidad de Chile. Guerra, Reinaldo. Universidad de Chile. Monograph Tit... more ... Greeven, Paulina. Universidad de Chile. Guerra, Reinaldo. Universidad de Chile. Monograph Title: ... World Conference on Transport Research Society. Secretariat, 14 Avenue Berthelot 69363Lyon cedex 07 France. Availability: World Conference on Transport Research Society. ...
A new approach to calculate the value of leisure is developed and applied. This is derived from a... more A new approach to calculate the value of leisure is developed and applied. This is derived from a consumer behaviour model that includes goods and activities. A system of time assignment equations is explicitly obtained from which the values of both leisure and work can be analytically calculated using econometrically estimated parameters. This framework is applied using detailed data from three samples in diverse settings: Santiago (Chile), Karlsruhe (Germany), and Thurgau (Switzerland). The empirically estimated values of leisure differ from the wage rate and a theoretical justification is provided.