Worthwhile Use of Travel Time and Applications in the United Kingdom

This paper outlines the rationale, methodologies, key findings and policy implications of the national Value of Travel Time Savings (VTTS) study conducted in Britain during 2014-15. The study found VTTS varied with distance, trip purpose and mode of travel but not with worthwhile use of travel time....

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Bibliographic Details
Main Author: Batley, Richard
Other Authors: Dekker, Thijs, Stead, Iven
Format: eBook
Language:English
Published: Paris OECD Publishing 2020
Series:International Transport Forum Discussion Papers
Subjects:
Online Access:
Collection: OECD Books and Papers - Collection details see MPG.ReNa
Description
Summary:This paper outlines the rationale, methodologies, key findings and policy implications of the national Value of Travel Time Savings (VTTS) study conducted in Britain during 2014-15. The study found VTTS varied with distance, trip purpose and mode of travel but not with worthwhile use of travel time. Using two case studies, the paper discusses the approach to implementation of the new VTTS estimates and lessons for other countries
Physical Description:36 p