Travel Costs . Lecture 16 October 27, 2004 12-706 / 73-359. Admin / Announcements. Early Course Evals Midsemester Grades Done (80% A/B - else C,D) Done to encourage you to keep working hard. Value - travel time savings. Many studies seek to estimate VTTS Can then be used easily in CBAs
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October 27, 2004
12-706 / 73-359
Office of Secretary of Transportation, “Guidance for the Valuation of
Travel Time in Economic Analysis”, US DOT, April 1997.
Almost a work