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

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2019-01-01
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.

Citation Formats
H. Tüydeş Yaman and G. Dalkıç Melek, “Evaluation of the pricing preferences and value of time for high speed rail (HSR) users in Turkey,” JOURNAL OF THE FACULTY OF ENGINEERING AND ARCHITECTURE OF GAZI UNIVERSITY, vol. 34, pp. 255–273, 2019, Accessed: 00, 2020. [Online]. Available: https://hdl.handle.net/11511/32197.