Synthesis of Research on Value of Time and Value of Reliability

The objective of this proposed research effort is to compile and synthesize current and past research on value of time (VOT) and the value of reliability of travel. This effort will compile extensive research into an application-oriented document that provides transportation modelers with reasonable ranges for VOT, classified by income level, trip purpose, or other relevant parameters, with practical guidance on other VOT adjustments. The effort will also synthesize the more limited research on value of time reliability to provide practical guidance, based on current knowledge and to identify priority areas for further research.

• Record URL:
  http://www.nctr.usf.edu/projects/Year8/77806.html

Language

• English

Project

• Status: Active
• Funding: $50000.00
• Contract Numbers:

  77805

• Sponsor Organizations:

  Florida Department of Transportation

  605 Suwannee Street
  Tallahassee, FL  United States  32399-0450
• Project Managers:

  Markovich, Martin

• Performing Organizations:

  University of South Florida, Tampa

  Center for Urban Transportation Research
  3650 Spectrum Boulevard
  Tampa, FL  United States  33612-9446
• Principal Investigators:

  Concas, Sisinnio

• Start Date: 20080000
• Expected Completion Date: 0
• Actual Completion Date: 0
• Source Data: RiP Project 25147

Subject/Index Terms

• TRT Terms: Guidelines; Research projects; Traffic models; Travel time; Trip purpose; Value of time
• Uncontrolled Terms: Travel time reliability
• Subject Areas: Highways; Planning and Forecasting;

Filing Info

• Accession Number: 01461706
• Record Type: Research project
• Source Agency: University of South Florida, Tampa
• Contract Numbers: 77805
• Files: RiP, STATEDOT
• Created Date: Jan 3 2013 1:50PM