Research on the Survey Method and Model of Passengers’ Cost Perception of the Crowding Level in the Bus

Abstract:

Crowding Level in the bus will influence the passengers’ cost perception and change their route choice. Value of time of passengers under different crowding level in bus is obtained by using Binary Logit model. Then the relationship between the crowding level in bus and the value of time is derived. By converting crowding level in bus to equivalent travel time, the model of passengers’ cost perception to the crowding level is built finally.

Key words:cost perception; stated preference survey; congestion; value of time