This paper presents the results of a study which examined the premise that NASA's Small Aircraft Transportation System (SATS) concept will be seen as an economical alternative to automobiles, when considering the economic value of a traveler's time. Grounded in previous research into SATS Life Cycle Costs, Travel dollar ense software was used to examine three levels of cost of a hypothetical SATS aircraft versus that of an automobile, traveling among city pairs in Florida. On the whole, NASA's premise about the contribution of the value of time, to the validity of the SATS concept, received qualified support. Without considering the value of time, the SATS aircraft was not found to be economically competitive with autos. When considering the value of time, SATS emerged as an economically viable mode of business transportation.
NASA's small aircraft costs versus automobile costs and the economic value of traveler time
Technovation ; 22 , 5 ; 325-336
2002
12 Seiten, 13 Quellen
Article (Journal)
English
NASA's Small Airplane Costs v. Airlines, Autos and the Economic Value of Time
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