This paper compares the survey results of three value of travel time (VTT) surveys conducted in the Netherlands since the late 1980s. It discusses the method used in the Dutch studies for estimating VTT for business travel; the importance of travel time reliability; and the impacts of distance...

The paper presents a new model for trade flows in Europe that is integrated with a logistics model for transport chain choice through Logsum variables. Logsums measures accessibility across an entire multi-modal logistical chain, and are calculated from a logistics model that has been estimated...

Transport investments normally reduce travel times, but may also reduce unreliability. Conventional time gains can be evaluated in cost benefit analysis using standard values of time. For valuing reliability gains, however, no standard measures are readily available. The Dutch Ministry of...