Value of travel time reliability: A review of current evidence

Carrión, Carlos; Levinson, David

doi:10.1016/j.tra.2012.01.003

Cited by 244 publications

(159 citation statements)

References 60 publications

(123 reference statements)

Supporting

Mentioning

152

Contrasting

Unclassified

Order By: Relevance

“…More generally, a recent introduction is Fosgerau (2015). Recent literature reviews are provided in Carrion and Levinson (2012) and Li et al (2010). Small (2012) reviews the broader literature on the valuation of travel time.…”

Section: Introductionmentioning

confidence: 99%

The cost of travel time variability: Three measures with properties

Engelson

Fosgerau

2016

Transportation Research Part B: Methodological

View full text Add to dashboard Cite

This paper explores the relationships between three types of measures of the cost of travel time variability: measures based on scheduling preferences and implicit departure time choice, Bernoulli type measures based on a univariate function of travel time, and meandispersion measures. We characterise measures that are both scheduling measures and meandispersion measures and measures that are both Bernoulli and mean-dispersion. There are no measures that are both scheduling and Bernoulli. We consider the impact of requiring that measures are additive or homogeneous, proving also a new strong result on the utility rates in an additive scheduling measure. These insights are useful for selecting cost measures to use in applications.

show abstract

Section: Introductionmentioning

confidence: 99%

The cost of travel time variability: Three measures with properties

Engelson

Fosgerau

2016

Transportation Research Part B: Methodological

View full text Add to dashboard Cite

show abstract

“…Moreover, it is used interchangeably with unreliability and travel time variability in the literature (Carrion & Levinson, 2012). In this report, the definition provided by the SHRP2 Report S2-L3-RR-1, Analytical Procedures for Determining the Impacts, will be adopted: "… from a practical standpoint, travel-time reliability can be defined in terms of how travel times vary over time (e.g., hour-to-hour, day-to-day (FHWA, 2013a;Pu, 2011;SHRP2, 2013SHRP2, , 2014.…”

Section: Defining and Measuring Reliabilitymentioning

confidence: 99%

“…For more details about the meta-analysis to derive this range, see De Jong & Bliemer (2015) which provides a summary of RR by modes, and Carrion and Levinson (2012) which provides a summary by year considering both stated and revealed preference data. The EconWorks Reliability tool provides default value of 0.8 for personal trips and 1.16 for commercial trips (trucks).…”

Section: Defining and Measuring Reliabilitymentioning

confidence: 99%

EconWorks Tools for Assessing the Wider Economic Benefits of Transportation Implementation Assistance

Chacon-Hurtado¹,

Yang²,

Bardaka³

et al. 2017

View full text Add to dashboard Cite

“…Li et al (2010) review both theoretical and empirical aspects of the value of reliability. Carrion and Levinson (2012) provide a review with much historical detail and a broader focus than presented here. Small (2012) reviews the broader literature on the valuation of travel time.…”

Section: Introductionmentioning

confidence: 99%

The valuation of travel-time variability

Fosgerau

2017

ITF Roundtable Reports

View full text Add to dashboard Cite

Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. Terms of use: Documents in EconStor may The International Transport ForumThe International Transport Forum is an intergovernmental organisation with 57 member countries. It acts as a think tank for transport policy and organises the Annual Summit of transport ministers. ITF is the only global body that covers all transport modes. The ITF is politically autonomous and administratively integrated with the OECD.The ITF works for transport policies that improve peoples' lives. Our mission is to foster a deeper understanding of the role of transport in economic growth, environmental sustainability and social inclusion and to raise the public profile of transport policy.The ITF organises global dialogue for better transport. We act as a platform for discussion and pre-negotiation of policy issues across all transport modes. We analyse trends, share knowledge and promote exchange among transport decision-makers and civil society. The ITF's Annual Summit is the world's largest gathering of transport ministers and the leading global platform for dialogue on transport policy ITF Discussion PapersThe ITF Discussion Paper series makes economic research, commissioned or carried out at its Research Centre, available to researchers and practitioners. They describe preliminary results or research in progress by the author(s) and are published to stimulate discussion on a broad range of issues on which the ITF works. Any findings, interpretations and conclusions expressed herein are those of the authors and do not necessarily reflect the views of the International Transport Forum or the OECD. Neither the OECD, ITF nor the authors guarantee the accuracy of any data or other information contained in this publication and accept no responsibility whatsoever for any consequence of their use. This document and any map included herein are without prejudice to the status of or sovereignty over any territory, to the delimitation of international frontiers and boundaries and to the name of any territory, city or area. Comments on Discussion Papers are welcome.

show abstract

Value of travel time reliability: A review of current evidence

Cited by 244 publications

References 60 publications

The cost of travel time variability: Three measures with properties

The cost of travel time variability: Three measures with properties

EconWorks Tools for Assessing the Wider Economic Benefits of Transportation Implementation Assistance

The valuation of travel-time variability

Contact Info

Product

Resources

About