CONCEPTUAL PROBLEMS IN EVALUATION OF TRAVEL TIME

A number of conceptual problems in the evaluation of time as currently practiced are discussed. A number of assumptions implicit in a theoretical approach to the value of time are stated explicitly, and two economic analyses of the value of time are compared. This involves, in particular, a critical discussion of the validity of the modified consumer behavior theory as it is currently being applied to this problem. A suggestion for broadening the issues involved is made stressing some properties of time that have so far not been included in the research effort.

• Record URL:
  http://onlinepubs.trb.org/Onlinepubs/trr/1976/587/587-005.pdf
• Summary URL:
  http://scholar.google.com/scholar_lookup?title=CONCEPTUAL+PROBLEMS+IN+EVALUATION+OF+TRAVEL+TIME&author=S.+Reichman&publication_year=1976
• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/issn/03611981
• Supplemental Notes:
  • Distribution, posting, or copying of this PDF is strictly prohibited without written permission of the Transportation Research Board of the National Academy of Sciences. Unless otherwise indicated, all materials in this PDF are copyrighted by the National Academy of Sciences. Copyright © National Academy of Sciences. All rights reserved.
• Authors:
  • Reichman, Shalom
• Publication Date: 1976

Media Info

• Media Type: Digital/other
• Features: Figures; References;
• Pagination: pp 24-29
• Monograph Title: Value of travel time
• Serial:
  • Transportation Research Record
  • Issue Number: 587
  • Publisher: Transportation Research Board
  • ISSN: 0361-1981

Subject/Index Terms

• TRT Terms: Behavior; Consumers; Evaluation; Innovation; Present value; Travel time
• Uncontrolled Terms: Value
• Old TRIS Terms: Concepts
• Subject Areas: Highways; Operations and Traffic Management;

Filing Info

• Accession Number: 00141941
• Record Type: Publication
• ISBN: 0309025532
• Files: TRIS, TRB
• Created Date: Apr 13 1977 12:00AM