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News Archive

Guidance

Guidance on Value of Time

The value of travel time is a critical factor in evaluating the benefits of transportation infrastructure investment and rulemaking initiatives.  Reduction of delay in passenger or freight...

General Content

Uncertainty Analysis of Quality Adjusted Life Years Lost

Quality-adjusted life years (QALYs) are a measure used to account for the impact of a health state on both quality and quantity of life. It is the product of life expectancy and quality of life...