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Valuation of Time Savings

This note has been drawn from a number of texts including "The Value of Time In Economic Evaluation of Transport Projects" (Gwilliam, 1997), "Values of Travel Time Savings in the UK - Summary and Conclusions" (Mackie et al, 2003...

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Bibliographic Details
Main Authors:	Mackie, Peter, Nellthorp, John, Laird, James
Language:	English
Published:	World Bank, Washington, DC 2012
Subjects:	AGRICULTURE ALTERNATIVE USE BUS BUSES CHOICE OF MODE COMMERCIAL VEHICLES COMMUTING CONSUMER SURPLUS COST BENEFIT ANALYSIS COST EFFECTIVENESS COSTS PER TRIP DRIVERS DRIVING ECONOMIC EVALUATION ECONOMIC THEORY ECONOMIC VALUE FORECASTS FRAMEWORK FREIGHT TRAFFIC FREIGHT TRANSPORT GDP GDP PER CAPITA INCOME INCOME GROUPS INCOME LEVELS INTERVIEWS JOURNEY JOURNEY LENGTH JOURNEY PURPOSES JOURNEY TIME JOURNEY TO WORK LONG DISTANCES MARGINAL COST MARGINAL COST OF PRODUCTION MARGINAL PRODUCTIVITY MARGINAL REVENUE METHODOLOGIES METHODOLOGY MODE OF TRANSPORT MODES OF TRANSPORT OVERHEAD COSTS PASSENGER PRODUCTION COSTS ROUTE CHOICE ROUTES SAVINGS TAXATION TECHNIQUES TIME CONSTRAINTS TIME SERIES TOLL ROAD PROJECTS TOLL ROADS TRAFFIC TRAFFIC CONGESTION TRANSPORT TRANSPORT ECONOMICS TRANSPORT INFRASTRUCTURE TRANSPORT POLICIES TRANSPORT POLICY TRANSPORT PROJECTS TRANSPORT SECTOR TRAVEL TIME TRAVELLERS TRIP PURPOSE TRIPS UNEMPLOYMENT URBAN BUS URBAN ROUTES URBAN TRIPS VALUE OF TIME VARIABILITY VEHICLE OPERATING COSTS WAGE RATES WAITING TIME WALKING WALKING TIME WEIGHTING WORK JOURNEYS WORK TRAVEL WORK TRIP WORK TRIP TIME WORK TRIPS
Online Access:	http://documents.worldbank.org/curated/en/2005/01/6379214/valuation-time-savings http://hdl.handle.net/10986/11800