Abstract: The COVID-19 pandemic has drastically impacted people's travel behaviour and introduced uncertainty in the demand for public transport. To investigate user preferences for travel by London Underground during the pandemic, we conducted a stated choice experiment among its pre-pandemic users (N = 961). We analysed the collected data using multinomial and latent class logit models. Our discrete choice analysis provides two sets of results. First, we derive the crowding multiplier estimate of travel time valuation (i.e., the ratio of the value of t...
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Topics: 
Econometrics
Demographic economics