News Archive
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...
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...