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.


    Access

    Access via TIB

    Check availability in my library


    Export, share and cite



    Title :

    Manual for Deriving the Marginal Cost of Passenger Car Travel Time


    Contributors:
    D. A. Curry (author)

    Publication date :

    1966


    Size :

    103 pages


    Type of media :

    Report


    Type of material :

    No indication


    Language :

    English




    The marginal social cost of travel time variability

    Coulombel, Nicolas | Online Contents | 2014



    Vehicle Reidentification as Method for Deriving Travel Time and Travel Time Distributions: Investigation

    Sun, Carlos / Arr, Glenn / Ramachandran, Ravi P. | Transportation Research Record | 2003


    A real-time holding decision rule accounting for passenger travel cost

    Laskaris, G. / Cats, O. / Jenelius, E. et al. | IEEE | 2016


    Deriving Link Travel-Time Distributions via Stochastic Speed Processes

    Kharoufeh, J. P. / Gautam, N. | British Library Online Contents | 2004