Establishing value of time for the inter-island passenger transport of the Western Visayas region, Philippines

• Main Authors: Roxas, Nicanor R., Fillone, Alexis M.
• Format: text
• Published: Animo Repository 2016
• Subjects: Passenger ships > Philippines > Western Visayas; Transportation > Philippines > Western Visayas; Choice of transportation > Philippines > Western Visayas; Transportation Engineering
• Online Access: https://animorepository.dlsu.edu.ph/faculty_research/3536; https://animorepository.dlsu.edu.ph/context/faculty_research/article/4538/type/native/viewcontent/s11116_015_9611_4.html
• Institution: De La Salle University

Transportation infrastructure planning process requires cost–benefit analysis in the evaluation of project proposals. Value of time (VOT) facilitates the conversion of travel time savings, which is a significant proportion of benefits in monetary terms. In cases where VOT has not been established, p...