SOCIAL BENEFITS OF IVHS SYSTEMS. IN: THE INTELLIGENT VEHICLE HIGHWAY SOCIETY OF AMERICA. FIRST ANNUAL MEETING, RESTON, VIRGINIA, MARCH 17-20, 1991
Using national time diary estimates it is calculated that annually about 750 billion dollars of time value is devoted to travel in the United States. Time commuting to work has fallen modestly in the last 20 years. Nevertheless, certainn urban areas have vvery long average commutes, and a major benefit of IVHS systems would be in the reduction of these travel times. Most research on travel time considers average commuting time. Yet a mean preserving reduction on the dispersion of travel time will create social benefits too, since the conditional loss function is convex from below. New technology to reduce "excessive" delays even at the cost of a somewhat longer expected trip duration is thus of value.
IVHS America400 Virginia Avenue, SW, Suite 800
Washington, DC United States 20024-2730
- Stafford, F P
- Publication Date: 1991
- Features: Figures; References; Tables;
- Pagination: v.p.
- TRT Terms: Commuting; Conferences; Intelligent transportation systems; Social benefits; Travel time; Trip length; Work trips
- Subject Areas: Highways; Operations and Traffic Management; Planning and Forecasting; Society; Vehicles and Equipment; I91: Vehicle Design and Safety;
- Accession Number: 00608303
- Record Type: Publication
- Files: TRIS
- Created Date: May 31 1991 12:00AM