Transport and Covid-19: responses and resources

What is the Value of Saving Travel Time?

Summary and Conclusions

Policy Insights

  • Update the value of reductions in travel time periodically to reflect changes in preferences and travel patterns.
  • Account for the quality of travel conditions.
  • Employ stated preference surveys supported by other evidence for determining the value of reductions in travel time.
  • Investigate how the use of Big Data can improve understanding of travel behaviour.
  • Continue to use cost-benefit analysis in transport decision making.
  • Strengthen the link between modelling, appraisal, monitoring and evaluation.

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