The Evaluation of Travelling Time

The social benefit of transport projects often consists largely of time savings. This article considers the value of time saved to the individual, first on the assumption that he can choose whether to use it for work or for leisure, and secondly on the assumption that the working week is fixed. More...

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Published in:Journal of transport economics and policy 1969-09, Vol.3 (3), p.279-286
Main Author: Oort, C. J.
Format: Article
Language:English
Subjects:
Cost benefit analysis
Economic benefits
Highways
Leisure time
Marginal utility
Money
Time saving
Transportation economics
Travel
Utility functions
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container_issue 3
container_start_page 279
container_title Journal of transport economics and policy
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creator Oort, C. J.
description The social benefit of transport projects often consists largely of time savings. This article considers the value of time saved to the individual, first on the assumption that he can choose whether to use it for work or for leisure, and secondly on the assumption that the working week is fixed. More empirical research is needed.
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identifier ISSN: 0022-5258
ispartof Journal of transport economics and policy, 1969-09, Vol.3 (3), p.279-286
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language eng
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source JSTOR Archival Journals and Primary Sources Collection
subjects Cost benefit analysis
Economic benefits
Highways
Leisure time
Marginal utility
Money
Time saving
Transportation economics
Travel
Utility functions
title The Evaluation of Travelling Time
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