Abstract
This paper presents the results of a series of MNL and mixed logit models focusing on the distribution of the values of travel time savings. The full model, which also incorporates a number of time budget related variables, indicates that a small, but relevant share of the respondents does not value time savings, or would rather extend the journey. This 10% share is consistent with results from other studies. A series of models employing only time and costs to explain choices indicate even higher shares depending on the a-priori assumptions about the distributions of the parameters (normal, log-normal, normal, but censored at zero). The RP data used is derived from the six week travel diary Mobidrive. The observations from Karlsruhe are summarised at the level of the tour.
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