|Authors:||Askill Harkjerr Halse, Marit Killi|
|ISBN (digital version):||978-82-480-1152-1|
To a large extent, researchers seem to agree that the economic value of more reliable transport should be included in cost-benefit analyses used in the transport sector. At the same time, there is no clear consensus concerning how this value should be measured. In this report, we account for the research steps taken towards establishing a theoretical framework for valuing reliability. We also show that there is still some work to be done in the case of railway transport, for travel as well as freight. We also discuss how stated preference studies can be used to measure the value of less variable transport times, and review selected empirical results, both Norwegian and international.