New values of time and reliability in passenger transport in The Netherlands

Marco Kouwenhoven, Gerard C. de Jong, Paul Koster, Vincent van den Berg, Erik Verhoef, John Bates and Pim M.J. Warffemius

Research in Transportation Economics, 2014, vol. 47, issue C, 37-49

Abstract: We have established new values of time (VOTs) and values of travel time reliability (VORs) for use in cost-benefit analysis (CBA) of transport projects in The Netherlands. This was the first national study in The Netherlands (and one of the first world-wide) to investigate these topics empirically in a joint framework.

Keywords: Value of time; Value of reliability; Stated preference; Latent class model (search for similar items in EconPapers)
JEL-codes: C25 C33 C91 D12 (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (64)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:retrec:v:47:y:2014:i:c:p:37-49

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DOI: 10.1016/j.retrec.2014.09.017

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