Traveler delay costs and value of time with trip chains, flexible activity scheduling and information
The delay costs of traffic disruptions and congestion and the value of travel time reliability are typically evaluated using single trip scheduling models, which treat the trip in isolation of previous and subsequent trips and activities. In practice, however, when activity scheduling to some extent is flexible, the impact of delay on one trip will depend on the actual and predicted travel time on itself as well as other trips, which is important to consider for long-lasting disturbances and when assessing the value of travel information. In this paper we extend the single trip approach into a two trips chain and activity scheduling model. Preferences are represented as marginal activity utility functions that take scheduling flexibility into account. We analytically derive trip timing optimality conditions, the value of travel time and schedule adjustments in response to travel time increases. We show how the single trip models are special cases of the present model and can be generalized to a setting with trip chains and flexible scheduling. We investigate numerically how the delay cost depends on the delay duration and its distribution on different trips during the day, the accuracy of delay prediction and travel information, and the scheduling flexibility of work hours. The extension of the model framework to more complex schedules is discussed.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 45 (2011)
Issue (Month): 5 (June)
|Contact details of provider:|| Web page: http://www.elsevier.com/wps/find/journaldescription.cws_home/548/description#description|
|Order Information:|| Postal: http://www.elsevier.com/wps/find/supportfaq.cws_home/regional|
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Yin-yen Tseng & Erik Verhoef, 2007.
"Value of Time by Time of Day: A Stated-Preference Study,"
Tinbergen Institute Discussion Papers
07-061/3, Tinbergen Institute, revised 08 Nov 2007.
- Tseng, Yin-Yen & Verhoef, Erik T., 2008. "Value of time by time of day: A stated-preference study," Transportation Research Part B: Methodological, Elsevier, vol. 42(7-8), pages 607-618, August.
- Lothlorien Redmond & Patricia Mokhtarian, 2001.
"The positive utility of the commute: modeling ideal commute time and relative desired commute amount,"
Springer, vol. 28(2), pages 179-205, May.
- Redmond, Lothlorien S. & Mokhtarian, Patricia L., 2001. "The Positive Utility of the Commute: Modeling Ideal Commute Time and Relative Desired Commute Amount," University of California Transportation Center, Working Papers qt4mc291p2, University of California Transportation Center.
- Jara-Díaz, Sergio R. & Munizaga, Marcela A. & Greeven, Paulina & Guerra, Reinaldo & Axhausen, Kay, 2008. "Estimating the value of leisure from a time allocation model," Transportation Research Part B: Methodological, Elsevier, vol. 42(10), pages 946-957, December.
- Fosgerau, Mogens & Engelson, Leonid, 2011.
"The value of travel time variance,"
Transportation Research Part B: Methodological,
Elsevier, vol. 45(1), pages 1-8, January.
- Fosgerau, Mogens & Karlström, Anders, 2007.
"The value of reliability,"
5733, University Library of Munich, Germany.
- Bowman, J. L. & Ben-Akiva, M. E., 2001. "Activity-based disaggregate travel demand model system with activity schedules," Transportation Research Part A: Policy and Practice, Elsevier, vol. 35(1), pages 1-28, January.
- Börjesson, Maria & Eliasson, Jonas, 2011. "On the use of "average delay" as a measure of train reliability," Transportation Research Part A: Policy and Practice, Elsevier, vol. 45(3), pages 171-184, March.
- Kenneth A. Small & Clifford Winston & Jia Yan, 2005. "Uncovering the Distribution of Motorists' Preferences for Travel Time and Reliability," Econometrica, Econometric Society, vol. 73(4), pages 1367-1382, 07.
- Mas-Colell, Andreu & Whinston, Michael D. & Green, Jerry R., 1995. "Microeconomic Theory," OUP Catalogue, Oxford University Press, number 9780195102680, May.
- Stephane Hess & John Polak & Andrew Daly & Geoffrey Hyman, 2007. "Flexible substitution patterns in models of mode and time of day choice: new evidence from the UK and the Netherlands," Transportation, Springer, vol. 34(2), pages 213-238, March.
- Jenelius, Erik & Petersen, Tom & Mattsson, Lars-Göran, 2006. "Importance and exposure in road network vulnerability analysis," Transportation Research Part A: Policy and Practice, Elsevier, vol. 40(7), pages 537-560, August.
- Abrantes, Pedro A.L. & Wardman, Mark R., 2011. "Meta-analysis of UK values of travel time: An update," Transportation Research Part A: Policy and Practice, Elsevier, vol. 45(1), pages 1-17, January.
- Vickrey, William S, 1969. "Congestion Theory and Transport Investment," American Economic Review, American Economic Association, vol. 59(2), pages 251-60, May.
- Small, Kenneth A, 1982. "The Scheduling of Consumer Activities: Work Trips," American Economic Review, American Economic Association, vol. 72(3), pages 467-79, June.
- Ettema, Dick & Bastin, Fabian & Polak, John & Ashiru, Olu, 2007. "Modelling the joint choice of activity timing and duration," Transportation Research Part A: Policy and Practice, Elsevier, vol. 41(9), pages 827-841, November.
- Robert B. Noland & John W. Polak, 2002. "Travel time variability: A review of theoretical and empirical issues," Transport Reviews, Taylor & Francis Journals, vol. 22(1), pages 39-54, January.
- Carlos Carrion & David Levinson, 2010.
"Value of Travel Time Reliability: A review of current evidence,"
000085, University of Minnesota: Nexus Research Group.
- Carrion, Carlos & Levinson, David, 2012. "Value of travel time reliability: A review of current evidence," Transportation Research Part A: Policy and Practice, Elsevier, vol. 46(4), pages 720-741.
- Carlos Carrion & David Levinson, 2010. "Value of Reliability: High Occupancy Toll Lanes, General Purpose Lanes, and Arterials," Working Papers 000073, University of Minnesota: Nexus Research Group.
- Zhang, Xiaoning & Yang, Hai & Huang, Hai-Jun & Zhang, H. Michael, 2005. "Integrated scheduling of daily work activities and morning-evening commutes with bottleneck congestion," Transportation Research Part A: Policy and Practice, Elsevier, vol. 39(1), pages 41-60, January.
When requesting a correction, please mention this item's handle: RePEc:eee:transb:v:45:y:2011:i:5:p:789-807. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Zhang, Lei)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.