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Value of travel time and comfort by willingness to pay approach
Published in
Issue: 37
Pages: 27 - 42
Travel time value is a critical factor in forecasting the use of transportation facilities and provides the primary means for estimating transportation benefits. As such, the value of travel time is the major benefit in most of the economic analysis justifying the highway projects. Study on road user's value of travel time by willingness to pay approach is of very limited nature in India. As the road users themselves evaluate their value of travel time under different conditions, it can be taken as one of the accurate methods of valuing the travel time.
About the journal
JournalHighway Research Bulletin (New Delhi)
Open AccessNo