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Notching for Free: Do Cyclists Reveal the Value of Time?

Bike-share users may trade off their time to save money by going out of the way to avoid a price increase. We estimate how users value time in this context: commuters value time more than recreational users, but neither group responds to changes in price.

Working Paper by Casey Wichman and Brandon Cunningham — Sept. 7, 2017

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Authors

Casey J. Wichman

Fellow

Brandon Cunningham