A note on high-speed rail investments and travelers’ value of time
•Cost–benefit analysis of high-speed rail often ignore value of time differences.•A modified Rule-of-a-half is derived.•Cases in China, Sweden and Norway demonstrate. High-speed rail (HSR) is designed for travellers with high value of time. HSR offers fast and reliable services and good possibilitie...
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| Published in: | Journal of rail transport planning & management 2013-02, Vol.3 (1-2), p.14-21 |
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| Main Author: | |
| Format: | Article |
| Language: | English |
| Subjects: | |
| Citations: | Items that this one cites Items that cite this one |
| Online Access: | Get full text |
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