Improving Value of Travel Time Savings Estimation for More Effective Transportation Project Evaluation: [Summary]

Perk, Victoria A.; University of South Florida

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Improving Value of Travel Time Savings Estimation for More Effective Transportation Project Evaluation: [Summary]

2012-01-01
By Perk, Victoria A.

[PDF-552.75 KB]

English

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Details:

Creators:

Perk, Victoria A.
Corporate Creators:

University of South Florida
Subject/TRT Terms:

[+]

Congestion Pricing High Occupancy Toll Lanes High Occupancy Vehicle Lanes HOT Lanes Managed Lanes Research Hub Traffic Lanes Travel Time Value Of Service Pricing Value Of Time Value Of Travel Time Savings
Resource Type:

Booklet/Pamphlet
Geographical Coverage:

Florida ; United States

Florida ; United States Less -
Edition:

Summary
Corporate Publisher:

Florida. Dept. of Transportation. Research Center
NTL Classification:

NTL-ENERGY AND ENVIRONMENT-ENERGY AND ENVIRONMENT;NTL-ENERGY AND ENVIRONMENT-Environment Impacts;NTL-OPERATIONS AND TRAFFIC CONTROLS-Congestion;NTL-OPERATIONS AND TRAFFIC CONTROLS-OPERATIONS AND TRAFFIC CONTROLS;NTL-OPERATIONS AND TRAFFIC CONTROLS-Traffic Flow;
Abstract:

The daily commute to a job is a cost of working. Workers may share stories about the extent or rigors of their commute, or they may enjoy the time with reading, music, or drive-time radio personalities. For any trip, many factors contribute to a traveler’s choice of mode and route. Travel costs are estimated as value of time (VOT) and value of travel time savings (VTTS), estimates that seek to quantify both the tangible and intangible aspects of travel. Research into the proper methodologies and uses of data continue to evolve, but despite these uncertainties, VOT and VTTS are measures critical for transportation planners when developing cost-benefit analyses of projects, congestion pricing policies, or information about the likelihood of diverting travelers from single-occupant vehicles to alternative modes.
Format:

PDF
Funding:

BDK85 977-21
Collection(s):

US Transportation Collection
Main Document Checksum:

[+]

urn:sha256:b9d6b42037e705fce468d9a3397edfe7378835440a1fef1e0386da3727e43dbf
Download URL:

https://rosap.ntl.bts.gov/view/dot/23643/dot_23643_DS1.pdf
File Type:

No Additional Files

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Improving Value of Travel Time Savings Estimation for More Effective Transportation Project Evaluation: [Summary]

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