We analyze a quantum observable f given by the time average of a dynam
ical variable F along a Feynman path. We show that f can be described
by a (generalized) wave function satisfying the Schrodinger-like equat
ion and measured by a meter similar to that of von Neumann. A connecti
on with operators is established. Examples include the particle's mome
ntum, energy and the fractional traversal time. [S1050-2947(98)50503-3
].