In Search of the Value of Time: From South Africa to India

摘要: The route choice behavior of toll users and their perceived values time (VOTs), which determine route, are critical in modeling the income stream a proposed road. This is also fundamental assessing financial risks financiers road investment. Internationally, most acceptable approach to use individual or discrete models calibrated on potential users’ actual (revealed preference – RP) as well intended (stated SP). VOT subsequently used network transport such EMME/2 SATURN so that these reflect correct distribution trips amongst alternative routes for each Origin-Destination (O-D) pair trip matrix. VOTs therefore parameters assignment process it important estimated accurately. chapter describes three value studies were conducted purpose two South Africa one India.