TY - JOUR PY - 2021// TI - Statistical distribution of time values and underestimation of the benefits of speed JO - Transport policy A1 - Abraham, Claude A1 - Bonnafous, Alain A1 - Ray, Jean-Baptiste SP - 27 EP - 36 VL - 113 IS - N2 - 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.

Language: en

LA - en SN - 0967-070X UR - http://dx.doi.org/10.1016/j.tranpol.2020.08.020 ID - ref1 ER -