The research reported here is concerned with how the worthwhile use of travel time might
impact on the value of travel time savings (VTTS) and on demand set in the context of the rail …

INTRODUCTION AND OBJECTIVES Values of time for use in modelling and appraisal are
informed by three sets of considerations-evidence, policy, and practicality. The evidence …

The value of travel time savings is a controversial subject because of its importance in the
evaluation of transport investments and because of the difficulty in measuring it. This paper …

This paper, focused primarily on UK data and debates, considers the potential significance
of travel time use within past, present and future patterns of mobility. In transport scheme …

Standard practice in econometric estimation of the value of travel-time changes divides
travellers into market segments and assumes linear utility functions in each category. Here …

David Metz's recent case study published in this journal argues that the conventional
approach to the economic appraisal of transport projects is inadequately evidenced and …

We explore the issue of differentiating the valuation of travel time savings (VTTS) in transport
cost-benefit analysis, summarising and discussing theories forming the basis for arguments …

The present paper arises from the UK Department of Transport's Value Time Project. Section
2 looks at the importance of valuing travel time. Sec 3 describes a sample survey conducted …

Valuation of travel time savings continues to be a topical subject. Yet, despite the enormous
effort in applied research directed towards identifying suitable values for this important …

We provide a synthesis of results and insights from the Swedish Value of Time study, with
focus on what is relevant for transport appraisal and understanding travel behavior. We …