Unpredictable travel times cost commuters big - study reveals shocking findings!
The article explores the value of travel time reliability, which is how unpredictable variations in travel time affect travelers. Researchers used a method called the marginal substitution rate to calculate this value, collecting data from travelers through choice experiments. By analyzing the data, they found that the value of travel time reliability differs between intercity and urban trips, as well as between working and non-working purposes. This research helps in making better economic decisions when planning transportation projects.