The Monetary Value of a Pleasant and Productive Train Trip: Developing an experimental method for estimating the monetary value of activities performed during travel

The value of travel time saving(VOTTS) is very important in cost benefit analysis(CBA) as it is used to calculate the monetary gain in case of an improvement in transport that leads to reduction in travel time. Although it is easy to directly calculate monetary gains due to a speed improvement, monetary gains due to transport service improvement...