The value of travel time (VOT) is an important factor in determining the feasibility of road projects. The current feasibility study is flawed because it utilizes a uniform VOT, however, it fails to reflect various future changes in conditions.
This s...
The value of travel time (VOT) is an important factor in determining the feasibility of road projects. The current feasibility study is flawed because it utilizes a uniform VOT, however, it fails to reflect various future changes in conditions.
This study predicted future changes in conditions, such as the polarization of cities and the popularization of autonomous vehicles, and looked at ways to ensure the accessibility of roads. The expansion of metropolitan areas and the increasing cost of road projects are expected to cause problems related to the decline of smaller cities and discrimination among transportation users. It is therefore necessary to be prepared for road accessibility in terms of equity.