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Measurement of Uncertainty Costs with Dynamic Traffic Simulations

Author

Listed:
  • Fabrice Marchal

    (LET - Laboratoire d'économie des transports - UL2 - Université Lumière - Lyon 2 - ENTPE - École Nationale des Travaux Publics de l'État - CNRS - Centre National de la Recherche Scientifique)

  • André de Palma

    (UCP - Université de Cergy Pontoise - Université Paris-Seine)

Abstract

Nonrecurrent congestion in transportation networks occurs as a consequence of stochastic factors affecting demand and supply. Intelligent transportation systems such as advanced traveler information systems and advanced traffic management systems are designed to reduce the impacts of nonrecurrent congestion by providing information to a fraction of users or by controlling the variability of traffic flows. For these reasons, the design of these systems requires a reliable forecast of nonrecurrent congestion. A new method is proposed to measure the impacts of nonrecurrent congestion on travel costs by taking risk aversion into account. The traffic model is based on the dynamic traffic simulation model METROPOLIS. Incidents are generated randomly by reducing the capacity of the network. Users can instantaneously adapt to the unexpected travel conditions or can also change their behavior through a day-to-day adjustment process. Comparisons with incident-free simulations provide a benchmark for potential travel time savings that can be brought about by a state-of-the-art information system. The impact of variable travel conditions is measured by describing the willingness to pay to avoid risky or unreliable journeys. Indeed, for risk-averse drivers, any uncertainty corresponds to a utility loss. This utility loss is computed for several levels of network disruption. The main result of the study is that the utility loss due to uncertainty is of the same order of magnitude as the total travel costs.

Suggested Citation

  • Fabrice Marchal & André de Palma, 2008. "Measurement of Uncertainty Costs with Dynamic Traffic Simulations," Post-Print halshs-00372453, HAL.
  • Handle: RePEc:hal:journl:halshs-00372453
    DOI: 10.3141/2085-08
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    Cited by:

    1. Xiao, Yu & Coulombel, Nicolas & Palma, André de, 2017. "The valuation of travel time reliability: does congestion matter?," Transportation Research Part B: Methodological, Elsevier, vol. 97(C), pages 113-141.

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