Issues in the valuation of travel time savings

Stine Gissel

    Research output: Chapter in Book/Report/Conference proceedingArticle in proceedingsResearch


    The subject of the paper is the valuation of travel time savings (emanating from investment in transport infrastructure). In the first part of the paper the question is approached within a microeconomic framework. It is discussed if and how the theory can give indications on the relative value of travel time elements and on the extrapolation of time values into the future. In the second part of the paper the same questions are investigated on the basis of the results of several empirical studies.
    Original languageEnglish
    Title of host publicationTrafikdage på Aalborg Universitet '98- Konferencerapport
    PublisherTransportrådet og Trafikforskningsgruppen, Aalborg Universitet
    Publication date1998
    Publication statusPublished - 1998
    EventTrafikdage på Aalborg Universitet 1998 - Aalborg, Denmark
    Duration: 24 Aug 199825 Aug 1998


    ConferenceTrafikdage på Aalborg Universitet 1998

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