Finance:Marchetti's constant
Marchetti's constant is the average time spent by a person for commuting each day. Its value is approximately one hour, or half an hour for a one-way trip. It is named after Italian physicist Cesare Marchetti, though Marchetti himself attributed the "one hour" finding to transportation analyst and engineer Yacov Zahavi.[1]
Marchetti posits that although forms of urban planning and transport may change, and although some live in villages and others in cities, people gradually adjust their lives to their conditions (including location of their homes relative to their workplace) such that the average travel time stays approximately constant.[1][2][3] Ever since Neolithic times, people have kept the average time spent per day for travel the same, even though the distance may increase due to the advancements in the means of transportation. In his 1934 book Technics and Civilization, Lewis Mumford attributes this observation to Bertrand Russell:[4]
- Mr. Bertrand Russell has noted that each improvement in locomotion has increased the area over which people are compelled to move: so that a person who would have had to spend half an hour to walk to work a century ago must still spend half an hour to reach his destination, because the contrivance that would have enabled him to save time had he remained in his original situation now—by driving him to a more distant residential area—effectually cancels out the gain.
A related concept is that of Zahavi, who also noticed that people seem to have a constant "travel time budget", that is, "a stable daily amount of time that people make available for travel."[5]:8 David Metz, former chief scientist at the Department of Transport, UK, cites data of average travel time in Britain drawn from the British National Travel Survey in support of Marchetti's and Zahavi's conclusions.[5] The work casts doubt on the contention that investment in infrastructure saves travel time. Instead, it appears from Metz's figures that people invest travel time saved in travelling a longer distance,[6] a particular example of Jevons paradox described by the Lewis–Mogridge position. Because of the constancy of travel times as well as induced travel, Robert Cervero has argued that the World Bank and other international aid agencies evaluate transportation investment proposals in developing and rapidly motorizing cities less on the basis of potential travel-time savings and more on the accessibility benefits they confer.[7]
See also
References
- ↑ 1.0 1.1 Marchetti, C. (September 1994). "Anthropological invariants in travel behavior". Technological Forecasting and Social Change 47 (1): 75–88. doi:10.1016/0040-1625(94)90041-8. http://www.cesaremarchetti.org/archive/electronic/basic_instincts.pdf.
- ↑ Meyer, Perrin S.; Marchetti, Cesare; Ausubel, Jesse H. (May 1998). "Toward green mobility: the evolution of transport" (in en). European Review 6 (2): 137–156. doi:10.1017/S1062798700003185. ISSN 1474-0575. https://phe.rockefeller.edu/green_mobility/.
- ↑ Ausubel, Jesse H.; Marchetti, Cesare (April 2001). "The Evolution of Transport". The Industrial Physicist 7 (2): pp. 20–24. https://phe.rockefeller.edu/TIP_transport/.
- ↑ Mumford, Lewis (1934). Technics and Civilization.
- ↑ 5.0 5.1 Metz, David (2008) (in en). The Limits to Travel: How Far Will You Go?. Earthscan. ISBN 9781844074938. https://books.google.com/books?id=O8ceAQAAMAAJ.
- ↑ Crozet, Yves (19–21 April 2009). "Economic Development and the Role of Travel time: The key concept of accessibility". Commissioned Papers for the 4th International Future Urban Transport Conference of the Volvo Research and Educational Foundations (Gothenburg, Sweden).
- ↑ Cervero, Robert (2011). Going beyond travel-time savings: an expanded framework for evaluating urban transport projects (Report). Washington, DC: World Bank (published 27 June 2012). Report Number 70206. http://documents.worldbank.org/curated/en/466801468178764085/Going-beyond-travel-time-savings-an-expanded-framework-for-evaluating-urban-transport-projects. Retrieved 5 February 2019. PDF
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