The Evaluation of Travelling Time

C. J. Oort

151 citations0/0 files storedJournal of Transport Economics and Policy

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Transportation Planning and Optimization transportation and logistics systems Economic and Environmental Valuation

Abstract

The social benefit of transport projects often consists largely of time savings. This article considers the value of time saved to the individual, first on the assumption that he can choose whether to use it for work or for leisure, and secondly on the assumption that the working week is fixed. More empirical research is needed.

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1972ON THE THEORY OF THE VALUATION AND ALLOCATION OF TIME*2016Conceptual Developments in the Economics of Transportation: An Interpretive Survey 2008Estimating the value of leisure from a time allocation model 2007Meta-Analysis and the Value of Travel Time Savings: A Transatlantic Perspective in Passenger Transport 2021Flood impacts on urban transit and accessibility—A case study of Kinshasa 2003On the goods-activities technical relations in the time allocation theory 2018Impact of ICT on multitasking during travel and the value of travel time savings: Empirical evidences from Mumbai, India 2003BEHIND THE SUBJECTIVE VALUE OF TRAVEL TIME SAVINGS : THE PERCEPTION OF WORK, LEISURE, AND TRAVEL FROM A JOINT MODE CHOICE ACTIVITY MODEL

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