Talk:Value of time
Jump to navigation
Jump to search
 | This article is rated Start-class on Wikipedia's content assessment scale. It is of interest to the following WikiProjects: | ||||||||||||||||||||
| |||||||||||||||||||||
Broader Concept?
While I'm sure that the concept of "Value of Time" is helpful if not central to the economic study of transportation, I've almost always encountered "value of time" as a much broader measure. Are you sure it's wise to confine the use of the term strictly to transportation issues? -- TheLastWordSword (talk) 20:27, 21 November 2017 (UTC)
Value of time
In transport economics,[1] the value of time is the opportunity cost of the time that a traveler spends on their journey. In essence, this makes it the amount that a traveler would be willing to pay in order to save time, or the amount they would accept as compensation for lost time.
One of the main 216.247.84.42 (talk) 05:00, 10 January 2023 (UTC)