Valuing (travel) time
Models and data for activity scheduling
Departure screen (CC0 1.0 by Free-Photos via Pixabay)
Project details
Duration
05.2014-04.2017
Sponsor
external page SNSF Swiss National Science Foundation
Partner
external page BOKU Bodenkultur University Vienna
Staff
B. Schmid
Summary
"Time is money" is a common refrain in daily life. But how much money and for which time should be the reply to this common place. This project wants to answer these questions by developing methods which can answer them fully. Fully in the sense, that we can estimate values for all the different times of a day, say travel, work, leisure and time at home, which make up the 24 hours of it.