USE OF VALUE OF TIME IN PROJECT EVALUATION

A method of combining the technique of equilibrium traffic assignment and the analysis of value of time is proposed. The method is used to determine cost-effectiveness functions for proposed transportation facilities. The implications of different values of time on the levels of investment in transportation facilities are examined. The case of a two facility urban transportation corridor is presented as a case study. The implications of different values of time on the resulting cost-benefit ratios for a proposed transportation facility are shown graphically.

Media Info

Subject/Index Terms

Filing Info

  • Accession Number: 00177215
  • Record Type: Publication
  • Source Agency: Engineering Index
  • Files: TRIS
  • Created Date: Jul 19 1981 12:00AM