Value of Time estimation considering Automated Vehicles Impacts

Value of travel time (VOT) has been a crucial instrument for travel demand modeling, travel behavior analytics, transport policy, and investment evaluation. With the introduction of autonomous modes, such as autonomous vehicles (AVs), but also autonomous Urban Air Mobility, the perception of VOT is fundamentally changed as AVs enable individuals the capability of performing multiple tasks while traveling. VOTAVI aims at defining a novel methodological framework for the estimation of VOT in the era of AVs, utilizing innovative data collection methods that would allow to explore more thoroughly the impact of latent personal characteristics on their choices. This investigation will be implemented through the development of both a web-based stated preference survey and a smartphone app. Based on the collected empirical data, the project will develop new methodologies using discrete choice models to investigate VOT under different scenarios of AVs. The output of the project will provide policy insights for the suitable policy makers and contribute to original knowledge
and smartphone-based survey tool for future user-centered mobility solution design, pilot demonstration and policy assessment involving AVs.