The Cost of Convenience: A Hedonic Approach to Travel Time Valuation and Cost‐Benefit Analysis

Recently published: Mann, I. and Levinson, D. (2026) The Cost of Convenience: A Hedonic Approach to Travel Time Valuation and Cost‐Benefit Analysis. Journal of Regional Science [doi] This paper presents a novel revealed-preference approach to estimating the value of travel time (VTT) and calculating consumer surplus for the economic evaluation of transport infrastructure.…

https://transportist.org/2026/04/29/the-cost-of-convenience-a-hedonic-approach-to-travel-time-valuation-and-cost%e2%80%90benefit-analysis/