Value of travel time savings (VTTS) is an indispensable parameter that plays a pivotal role in the development of comprehensive transport management strategies and informs evidence-based decision-making for the most effective use of resources in transportation investments. It poses a significant challenge for project evaluation by the World Bank, as there may be substantial differences in travel time values across cultures. This new technical note...
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2023/06/30
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Report
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188529
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1
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2024/03/22
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Disclosed
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Meta-Analysis of the Value of Travel Time Savings in Low-and Middle-Income Countries
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Citation
Wardman,Mark Raymond; Neki,Kazuyuki; Humphreys,Richard Martin.
Meta-Analysis of the Value of Travel Time Savings in Low-and Middle-Income Countries (English). Mobility and Transport Connectivity Series Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099032124211022462