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Value of Travel Time Reliability: A review of current evidence

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  • Carlos Carrion
  • David Levinson

    () (Nexus (Networks, Economics, and Urban Systems) Research Group, Department of Civil Engineering, University of Minnesota)

Abstract

Travel time reliability is a fundamental factor in travel behavior. It represents the temporal uncertainty experienced by users in their movement between any two nodes in a network. The importance of the time reliability depends on the penalties incurred by the users. In road networks, travelers consider the existence of a trip travel time uncertainty in different choice situations (departure time, route, mode, and others). In this paper, a systematic review of the current state of research in travel time reliability, and more explicitly in the value of travel time reliability is presented. Moreover, a meta-analysis is performed in order to determine the reasons behind the discrepancy among the reliability estimates.

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File URL: http://nexus.umn.edu/Papers/VORReview.pdf
File Function: First version, 2010
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Bibliographic Info

Paper provided by University of Minnesota: Nexus Research Group in its series Working Papers with number 000085.

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Date of creation: 2010
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Handle: RePEc:nex:wpaper:vorreview

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Postal: Dept. of Civil Engineering, 500 Pillsbury Drive SE, Minneapolis, MN 55455
Phone: +01 (612) 625-6354
Fax: +01 (612) 626-7750
Web page: http://nexus.umn.edu
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Keywords: variability; reliability; travel time; scheduling.;

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