A thorough literature review on the topic of "value of time" for the case of freight transport.
What is it about?
In this article, we reviewed the different approaches to estimate an economic valuation of time for the case of freight transport in different settings.
Why is it important?
It is the first thorough review of this topic in recent years. Estimating the value of time has been done extensively for the passengers' transport but, surprisingly enough the freight transport (which in terms of GDP is even more relevant) has had little attention from researchers.
The following have contributed to this page: Prof. Rodrigo A Garrido