New values of time and reliability in passenger transport in The Netherlands

We have established new values of time (VOTs) and values of travel time reliability (VORs) for use in costbenefit analysis (CBA) of transport projects in The Netherlands. This was the first national study in The Netherlands (and one of the first world-wide) to investigate these topics empirically in a joint framework.

Kouwenhoven, M., G.C. de Jong, P. Koster, V.A.C. van den Berg, E.T. Verhoef, J. Bates, P.M.J. Warffemius, 2014, “New values of time and reliability in passenger transport in The Netherlands”, In: Research in Transportation Economics, 47, pp. 37-49.