Social Sciences
8 years ago

New study reveals the true value of travel time for policy decisions.

Special report - Transportation Research Board, National Research Council
BEHAVIOR DEMAND MODELING AND VALUATION OF TRAVEL TIME. POLICY ISSUES
Eugene D. Perle

Paper Summary

The workshop discussed how behavioral travel models can help estimate demand and value of time for travel. One paper focused on problems with valuing travel time, while the other looked at using these models for planning in special situations. The researchers explored how these models can assist in making policy decisions and planning for different scenarios.

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