
%0 Journal Article
%T Statistical distribution of time values and underestimation of the benefits of speed
%J Transport policy
%D 2021
%A Abraham, Claude
%A Bonnafous, Alain
%A Ray, Jean-Baptiste
%V 113
%N 
%P 27-36
%X Highlights  • Users' time savings are important in calculating net present value of a transport project.  • The monetary estimates of time savings depend on the value of the time used.  • The official methods of calculation most often use average values.  • Using the statistical distribution of the values of time substantially modifies the result.  • The higher the cost of transportation, the greater the underestimation of user surpluses.<p /> <p>Language: en</p>
%G en
%I Elsevier Publishing
%@ 0967-070X
%U http://dx.doi.org/10.1016/j.tranpol.2020.08.020