Additive measures of travel time variability
AbstractThis paper derives a measure of travel time variability for travellers equipped with scheduling preferences defined in terms of time-varying utility rates, and who choose departure time optimally. The corresponding value of travel time variability is a constant that depends only on preference parameters. The measure is unique in being additive with respect to independent parts of a trip. It has the variance of travel time as a special case. Extension is provided to the case of travellers who use a scheduled service with fixed headway.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 42262.
Date of creation: 2011
Date of revision:
Travel time variability; Scheduling preferences; Reliability; Additivity;
Other versions of this item:
- D11 - Microeconomics - - Household Behavior - - - Consumer Economics: Theory
- R41 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Transportation: Demand, Supply, and Congestion
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- repec:dgr:uvatin:2013056 is not listed on IDEAS
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