Close this search box.

Valuing Time Savings in Developing Countries

Valuing Time Savings in Developing Countries

After reviewing methods used to value savings in money costs resulting from time saved to persons, goods and vehicles by transport improvements, the author concludes that there is too little evidence that the claimed benefits are real. Willingness to pay may therefore be a more reliable criterion.

Share Content


Related Articles

Values of Risk Reduction Implied by Motorist Use of Protection Equipment

This study derives the implied values of reducing the risks of fatal and non-fatal injuries for different road user populations. Values are obtained for “typical” adults, children (as implied by their parents’ actions) and adults who ride motorcycles. Also considered is whether individuals evaluate small time increments consistently with larger time allocations.

View Journal »