IDEAS home Printed from https://ideas.repec.org/a/eee/transb/v45y2011i5p789-807.html
   My bibliography  Save this article

Traveler delay costs and value of time with trip chains, flexible activity scheduling and information

Author

Listed:
  • Jenelius, Erik
  • Mattsson, Lars-Göran
  • Levinson, David

Abstract

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.

Suggested Citation

  • Jenelius, Erik & Mattsson, Lars-Göran & Levinson, David, 2011. "Traveler delay costs and value of time with trip chains, flexible activity scheduling and information," Transportation Research Part B: Methodological, Elsevier, vol. 45(5), pages 789-807, June.
  • Handle: RePEc:eee:transb:v:45:y:2011:i:5:p:789-807
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0191-2615(11)00017-8
    Download Restriction: Full text for ScienceDirect subscribers only

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. 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.
    2. 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.
    3. Fosgerau, Mogens & Karlström, Anders, 2010. "The value of reliability," Transportation Research Part B: Methodological, Elsevier, vol. 44(1), pages 38-49, January.
    4. Lothlorien Redmond & Patricia Mokhtarian, 2001. "The positive utility of the commute: modeling ideal commute time and relative desired commute amount," Transportation, Springer, vol. 28(2), pages 179-205, May.
    5. 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.
    6. 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.
    7. 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, July.
    8. 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.
    9. 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.
    10. Vickrey, William S, 1969. "Congestion Theory and Transport Investment," American Economic Review, American Economic Association, vol. 59(2), pages 251-260, May.
    11. Fosgerau, Mogens & Engelson, Leonid, 2011. "The value of travel time variance," Transportation Research Part B: Methodological, Elsevier, vol. 45(1), pages 1-8, January.
    12. Small, Kenneth A, 1982. "The Scheduling of Consumer Activities: Work Trips," American Economic Review, American Economic Association, vol. 72(3), pages 467-479, June.
    13. Mas-Colell, Andreu & Whinston, Michael D. & Green, Jerry R., 1995. "Microeconomic Theory," OUP Catalogue, Oxford University Press, number 9780195102680.
    14. 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.
    15. 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.
    16. 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.
    17. 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.
    18. 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.
    19. 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.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. repec:gam:jeners:v:10:y:2017:i:7:p:897-:d:103344 is not listed on IDEAS
    2. 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.
    3. Lissy La Paix & Karst Geurs, 2015. "Scenarios for measuring station-based impedances in a national transport model," ERSA conference papers ersa15p1310, European Regional Science Association.
    4. Peer, Stefanie & Verhoef, Erik T., 2013. "Equilibrium at a bottleneck when long-run and short-run scheduling preferences diverge," Transportation Research Part B: Methodological, Elsevier, vol. 57(C), pages 12-27.
    5. Li, Zhi-Chun & Lam, William H.K. & Wong, S.C., 2014. "Bottleneck model revisited: An activity-based perspective," Transportation Research Part B: Methodological, Elsevier, vol. 68(C), pages 262-287.
    6. Fosgerau, Mogens & Lindsey, Robin, 2013. "Trip-timing decisions with traffic incidents," Regional Science and Urban Economics, Elsevier, vol. 43(5), pages 764-782.
    7. repec:eee:transa:v:104:y:2017:i:c:p:255-280 is not listed on IDEAS
    8. Souche, Stéphanie & Mercier, Aurélie & Ovtracht, Nicolas, 2015. "Income and access inequalities of a cordon pricing," Research in Transportation Economics, Elsevier, vol. 51(C), pages 20-30.
    9. Wang, Bobin & Shao, Chunfu & Li, Juan & Weng, Jinxian & Ji, Xun, 2015. "Holiday travel behavior analysis and empirical study under integrated multimodal travel information service," Transport Policy, Elsevier, vol. 39(C), pages 21-36.
    10. Peer, Stefanie & Knockaert, Jasper & Verhoef, Erik T., 2016. "Train commuters’ scheduling preferences: Evidence from a large-scale peak avoidance experiment," Transportation Research Part B: Methodological, Elsevier, vol. 83(C), pages 314-333.
    11. Börjesson, Maria & Eliasson, Jonas & Franklin, Joel, 2012. "Valuations of travel time variability in scheduling versus mean-variance models," Working papers in Transport Economics 2012:2, CTS - Centre for Transport Studies Stockholm (KTH and VTI).
    12. Hjorth, Katrine & Börjesson, Maria & Engelson, Leonid & Fosgerau, Mogens, 2015. "Estimating exponential scheduling preferences," Transportation Research Part B: Methodological, Elsevier, vol. 81(P1), pages 230-251.
    13. repec:eee:transb:v:101:y:2017:i:c:p:306-334 is not listed on IDEAS
    14. Jenelius, Erik, 2012. "The value of travel time variability with trip chains, flexible scheduling and correlated travel times," Transportation Research Part B: Methodological, Elsevier, vol. 46(6), pages 762-780.
    15. Hao, Lu & Hansen, Mark, 2014. "Block time reliability and scheduled block time setting," Transportation Research Part B: Methodological, Elsevier, vol. 69(C), pages 98-111.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. 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: (Dana Niculescu). General contact details of provider: http://www.elsevier.com/wps/find/journaldescription.cws_home/548/description#description .

    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 CitEc recognized a reference but did not link an item in RePEc 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 RePEc Author Service 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.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.