The manual describes the procedures for (1) developing estimates of the cost of passenger car travel time for highway improvements, briefly referred to as the cost of time; and (2) using the cost of time estimates to derive the marginal cost of time, which may be used as the value of passenger car travel time for economic analyses of projects in a given highway budget. The cost of time is defined as the incremental (additional) transportation cost of a highway improvement per hour of passenger car travel time reduction caused by the improvement. Transportation cost, in turn, is the sum of the following costs: (1) Highway investment cost, (2) The present worth of highway maintenance and operating cost, and (3) The present worth of road user costs.


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    Titel :

    Manual for Deriving the Marginal Cost of Passenger Car Travel Time


    Beteiligte:
    D. A. Curry (Autor:in)

    Erscheinungsdatum :

    1966


    Format / Umfang :

    103 pages


    Medientyp :

    Report


    Format :

    Keine Angabe


    Sprache :

    Englisch




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