The valuation and demand impacts of the worthwhile use of travel time with specific reference to the digital revolution and endogeneity

Transportation - The research reported here is concerned with how the worthwhile use of travel time might impact on the value of travel time savings (VTTS) and on demand set in the context of the...     

The value of travel time savings in freight transport: a meta-analysis

Transportation - The value of freight travel time savings (VFTTS) is a monetary value that is considered an important input into cost–benefit analysis and traffic forecasting. The VFTTS is...     

Train commuters’ scheduling preferences: Evidence from a large-scale peak avoidance experiment

We study the trip scheduling preferences of train commuters in a real-life setting. The underlying data have been collected during large-scale peak avoidance experiment conducted in the Netherlands, in which participants could earn monetary rewards for traveling outside peak hours. The experiment included ca. 1000 participants and lasted for multiple months. Holders of an annual train pass were invited to join the experiment, and a customized smartphone app was used to measure the travel behavior of the participants. We find that compared to the pre-measurement, the relative share of peak trips decreased by 22% during the reward period, and by 10% during the post-measurement. By combining multiple complementary data sources, we are able to specify and estimate (MNL and panel latent class) departure time choice models. These yield plausible estimates for the monetary values that participants attach to reducing travel time, schedule delays, the number of transfers, crowdedness, and unreliability.     

Vehicle value of travel time savings: Evidence from a group-based modelling approach

The value of travel time savings (VTTS) accounts for a majority of the total user benefits in economic appraisal of transport investments. This means that having an accurate estimate of VTTS for different segments of travel continues to retain currency, despite there being a rich literature on estimates of VTTS for different travel modes, travel purposes, income groups, life cycles, and distance bands. In contrast, there is a dearth of research and evidence on vehicle VTTS, although joint travel by car is an important segment of travel. This paper fills this gap by developing a group-based modelling approach to quantify the vehicle VTTS and compares this with the VTTS for a driver with and without a passenger. An online survey was conducted in Sydney in 2014 and the data used to obtain a number of new empirical estimates of vehicle and driver VTTS. The new evidence questions the validity of various assumptions adopted in current practice for valuing the time savings of car passengers and multiple occupant cars.     

Network-wide impacts of eco-routing strategies: A large-scale case study

This paper quantifies the system-wide impacts of implementing a dynamic eco-routing system, considering various levels of market penetration and levels of congestion in downtown Cleveland and Columbus, Ohio, USA. The study concludes that eco-routing systems can reduce network-wide fuel consumption and emission levels in most cases; the fuel savings over the networks range between 3.3% and 9.3% when compared to typical travel time minimization routing strategies. We demonstrate that the fuel savings achieved through eco-routing systems are sensitive to the network configuration and level of market penetration of the eco-routing system. The results also demonstrate that an eco-routing system typically reduces vehicle travel distance but not necessarily travel time. We also demonstrate that the configuration of the transportation network is a significant factor in defining the benefits of eco-routing systems. Specifically, eco-routing systems appear to produce larger fuel savings on grid networks compared to freeway corridor networks. The study also demonstrates that different vehicle types produce similar trends with regard to eco-routing strategies. Finally, the system-wide benefits of eco-routing generally increase with an increase in the level of the market penetration of the system.     

Privatization of urban transit: The Los Angeles jitney experience

This paper reports on a recent attempt to provide private transit in the form of jitney service in downtown Los Angeles. It describes the process undertaken to initiate jitney service and the resultant organization's structure and operation. A survey of jitney passengers provided information on the users and their tripmaking characteristics. A group of loyal jitney riders emerged who patronized the service because of its lower travel times and more personalized atmosphere. This group formed the core of frequent users. The Los Angeles experience is analyzed in terms of the economic feasibility of jitney service and the impact on the financial status of public transit. The public transit agency experienced a slight negative financial impact as a result of the jitney service. Ridership during peak hours declined somewhat but the jitney service was not frequent enough to carry sufficient passengers to allow the transit agency to cut costly peak hour service. This analysis shows that the jitney service ultimately was not an economically successful operation. The factors which would have increased the likelihood of success were increased frequency of service and higher fares, which would have been sustainable if not for unexpected developments in public transit financing. A labor pool willing to work for low wages, high transit use in the central city, relatively high transit fares and the availability of inexpensive vehicles appear to be prerequisites to a successful urban jitney operation.     

Error and uncertainty in travel surveys

Transportation study home interview surveys normally underestimate the amount of trip-making by residents of a study area, and the data has to be adjusted subsequently to compensate for this effect. One important reason for the shortfall appears to be the incomplete recall and reporting of travel information by respondents. The paper examines the influence of the survey instrument on recall by comparing reported travel behaviour in two surveys conducted in the same town, one using a conventional travel diary and the other an activity diary. The latter format appears to encourage a more complete response, giving rise to significantly higher reported trip rates and travel times. The paper discusses some research and policy implications of this finding and concludes with tentative suggestions for improved travel survey instruments.     

Mitigating environmental impacts in advance: Evidence of cost and time savings for transportation projects

The traditional model for mitigating a transportation project’s environmental impacts typically operates project-by-project and delivers the mitigation just-in-time. In contrast, the newer practice of advance mitigation comprehensively assesses and mitigates impacts from one or multiple transportation projects before or during project planning, sometimes long before project construction begins. The practice has gained adherents for its potential to improve ecological outcomes, by better aligning mitigation and conservation goals. Advance mitigation also stands to reduce mitigation costs, an important secondary benefit for transportation agencies with constrained resources. Evidence of cost savings, however, has been piecemeal and anecdotal. This paper advances knowledge of advance mitigation’s financial impacts in two ways. First, it critically assesses the evidence about cost savings realized through advance mitigation, both through avoided up-front costs and reduced project delay. Second, it directly estimates the project time savings that might accrue with advance mitigation of state highway projects in California. Overall, the balance of evidence is encouraging for transportation agencies that would introduce the practice, and general agreement exists on its financial benefits. Considering project delays related only to the environmental process, we estimate advance mitigation could reduce delivery times by 1.3–5.0 months per project. Still, we also identify factors limiting comprehensive analysis. Transportation agencies adopting advance mitigation practices into their operations could use a pilot approach that includes rigorous environmental and mitigation cost accounting; such pilots would build needed empirical evidence of advance mitigation’s financial and ecological outcomes.     

Automation of paratransit reservation,routing, and scheduling

Santa Clara County, California experienced a sharp growth in demand‐responsive paratransit ridership for individuals with disabilities, as a result of the passage of the 1990 Americans With Disabilities Act (ADA). This paper describes an automated paratransit system for the ADA‐type paratransit operation implemented in Santa Clara County. It automated paratransit reservation, scheduling, and routing functions. The key components of this system were a digital geographic database (DGD) and an automated trip scheduling system (ATSS). Empirical evidence after one year of operation indicates numerous benefits of this automation. There were significant reductions in the paratransit operating costs and an increase in the percent shared rides. The savings in operating costs far exceeded the annualized capital cost of automation. A user survey indicates that these improvements were achieved without degradation to service quality such as vehicle on‐time performance, invehicle travel times, vehicle response to open return, and ride comfort.     

Over-reporting vs. overreacting: Commuters’ perceptions of travel times

In a large-scale, real-life peak avoidance experiment, we asked participants to provide estimates of their average in-vehicle travel time during their morning commute. After comparing the reported travel times with the actual corresponding travel times, we found that the average travel times were overstated by a factor of 1.5. We showed that driver- and link-specific characteristics partially explained these exaggerations. Using the stated and revealed preference data, we investigated whether the driver-specific reporting errors were consistent with the drivers’ scheduling behaviors in reality and in hypothetical choice experiments. In both cases, we found no robust evidence that drivers behave as if they misperceive travel times to a similar extent as those they misreported, thereby implying that the reported travel times did not represent the actual or perceived travel times in a truthful manner. The results of this study suggest that caution should be recommended when reported travel time data are used in an uncritical manner during transport research and when determining policy.     

Travel behaviour change impacts of a major ride to work day event

While there is increasing interest in the field of travel behaviour change, relatively little attention has been given to the behaviour change potential of major events. ‘Ride to Work Day’ is an annual event which attracts thousands of participants and actively promotes riding to and from work throughout Victoria in Australia. The methodology used to assess the impact of the event on travel behaviour has evolved from a monthly panel survey of event participants to a single follow-up survey five months after the event which focuses on travel behaviour and measurement of the stage of engagement in the behaviour change process. About one in five of those participating in the event are riding to work for the first time. More than one in four (27%) of those who rode to work for the first time as part of the event were still riding to work five months after the event. Over 80% of first-timers indicated that the event had a positive impact on their readiness to ride to work with 57% indicating that it influenced their decision to ride. The event was found to have a greater impact on influencing behaviour change for female than male riders.     

The value of travel time and reliability-evidence from a stated preference survey and actual usage

This research examined travel behavior of Managed Lane (ML) users to better understand the value travelers place on travel time savings and travel time reliability. We also highlight the importance of survey design techniques. These objectives were accomplished through a stated preference survey of Houston’s Katy Freeway travelers. Three stated choice experiment survey design techniques were tested in this study: Bayesian (D_b) efficient, random level attribute generation, and an adaptive random approach. Mixed logit models were developed from responses using each of those designs. The value of travel time savings (VTTSs) estimates do vary across the design strategies, with the VTTS estimates based on the D_b-efficient design being approximately half the estimates from the other two designs. However, among the three design strategies, the value of travel time reliability (VOR) was only significant in the D_b-efficient design.The estimated VTTS from actual Katy Freeway usage (as measured using actual tolls paid and travel time saved on the managed lanes) is $51/h. This likely also includes any value that travelers place on travel time reliability. In comparison, our combined estimate of VTTS and VOR based on the SP survey (D_b-efficient design) was $50/h, which is remarkably close to the estimate from the actual usage data. Based on our dataset, the D_b-efficient design technique proved superior to the other two techniques. Finally, this research also supports the importance of including both travel time and travel time reliability parameters when estimating the willingness to pay for, and therefore benefits derived from, ML travel.     

Establishing value of time for the inter-island passenger transport of the Western Visayas region,Philippines

Transportation infrastructure planning process requires cost–benefit analysis in the evaluation of project proposals. Value of time (VOT) facilitates the conversion of travel time savings, which is a significant proportion of benefits in monetary terms. In cases where VOT has not been established, planners resort to crude estimates that often results in erroneous or biased measurements of benefits. This is the case of the Western Visayas region in the Philippines where transportation studies are rare. Secondary cities and its peripheral regions have often been overlooked subjects of transportation studies. In this study, multinomial logit models using revealed preference data were estimated to facilitate the calculation of the VOT. The total cost, square of the total cost, and total time were identified as significant explanatory variables affecting mode choice. The square of the total cost term was introduced in the models in order to account for income effect. Results indicate that VOT estimates for the inter-island passenger transportation between Iloilo and Negros Occidental generally range from 78.15PHP to 179.15PHP (1.91USD to 4.37USD) depending on trip and traveller characteristics.     

The effect of socio-economic factors on the value of time in commuting to work

It is important to specify accurately the dollar value assigned to time savings, since up to eighty percent of the benefits estimated to accrue from improvements in transportation systems are associated with savings in travel time. In this paper the economic theory of consumer choice is utilized to structure a model that is used to estimate how Value of Time (VOT) measures vary with community-related variables.Parameters for this theoretical model are empirically estimated using data from transportation surveys conducted in Ithaca and Syracuse, New York and Amherst, Massachusetts. The results confirm the validity of the theoretical model and suggest that leisure time, travel cost, and household income level, as well as community population, are important determinants of the marginal value of time. These models are particularly suited for transferring data results obtained in one community to another, thereby saving survey costs, since the resulting VOT estimates are based solely on underlying socio-economic variables and community characteristics that are known for most localities. The methodology is also useful for estimating different VDT's for particular population subgroups, like the elderly, which may be the focus of a particular transportation project.     

Area-wide travel plans—targeting strategies for greater participation in green travel initiatives: a case study of Rouse Hill Town Centre,NSW Australia

Travel planning by employers promoting more sustainable travel has delivered less car dependent behaviour for the commute in many places. Area-wide or precinct travel plans are less common but, where they exist, attempt to provide a more holistic approach through capturing synergies between employers and employees throughout a precinct. Area-based travel planning aimed at influencing employers, employees and residents are new, especially in relation to creating synergies for a single precinct that has more of an origin focus with participants travelling to diverse destinations. This paper examines various strategies that have been employed in order to achieve greener travel and to provide a self-sustaining travel planning environment. The aim of this paper is to assess the community awareness, interest and involvement with a number of green initiatives and to understand how sustainable travel planning has been absorbed by residents within a new regional centre in New South Wales, Australia. The analysis of a resident survey undertaken in 2011 distinguishes between the community awareness and their propensity to take part in each of the greener travel initiatives. The results show that a generic approach is likely to be less effective than segmenting the market so as to more directly target likely participants. Attitudes to greener travel are also highly significant and working to change them should also affect potential take up of sustainable travel initiatives. The conclusions inform the development of successful precinct based travel demand strategies both in Australia and beyond.     

An analysis of weekly out-of-home discretionary activity participation and time-use behavior

Activity-travel behavior research has hitherto focused on the modeling and understanding of daily time use and activity patterns and resulting travel demand. In this particular paper, an analysis and modeling of weekly activity-travel behavior is presented using a unique multi-week activity-travel behavior data set collected in and around Zurich, Switzerland. The paper focuses on six categories of discretionary activity participation to understand the determinants of, and the inter-personal and intra-personal variability in, weekly activity engagement at a detailed level. A panel version of the Mixed Multiple Discrete Continuous Extreme Value model (MMDCEV) that explicitly accounts for the panel (or repeated-observations) nature of the multi-week activity-travel behavior data set is developed and estimated on the data set. The model also controls for individual-level unobserved factors that lead to correlations in activity engagement preferences across different activity types. To our knowledge, this is the first formulation and application of a panel MMDCEV structure in the econometric literature. The analysis suggests the high prevalence of intra-personal variability in discretionary activity engagement over a multi-week period along with inter-personal variability that is typically considered in activity-travel modeling. In addition, the panel MMDCEV model helped identify the observed socio-economic factors and unobserved individual specific factors that contribute to variability in multi-week discretionary activity participation.

Accommodating risk in the valuation of expected travel time savings

Valuation of travel time savings is a critical measure in transport infrastructure appraisal, traffic modelling and network performance. It has been recognised for some time that the travel times associated with repeated trips are subject to variation, and hence there is risk embedded in the treatment of expected travel time. In the context of the expected utility framework, we use a nonlinear probability weighting function to accommodate choice made under risk. Although the empirical findings suggest small differences between the value of expected travel time savings (VETTS) in the presence and absence of risk, the mean estimate does make a noticeable difference to time benefits when applied to real projects. By incorporating nonlinear probability weighting, our model reveals that the probabilities associated with specific travel times that are shown to respondents in the choice experiment are transformed, resulting in overweighting of outcomes with low probabilities and underweighting of outcomes with high probabilities. Copyright © 2011 John Wiley & Sons, Ltd.     

Psychological items: a useful addition in modeling travel behavior on managed lanes

Transportation - Managed lanes (MLs) are a tool to more efficiently operate segments of a freeway. As ML prevalence increases in the United States of America, it is important to understand travel...     

Development and evaluation of a hybrid travel time forecasting model

The purpose of this paper is to develop and evaluate a hybrid travel time forecasting model with geographic information systems (GIS) technologies for predicting link travel times in congested road networks. In a separate study by You and Kim (cf. You, J., Kim, T.J., 1999b. In: Proceedings of the Third Bi-Annual Conference of the Eastern Asia Society for Transportation Studies, 14–17 September, Taipei, Taiwan), a non-parametric regression model has been developed as a core forecasting algorithm to reduce computation time and increase forecasting accuracy. Using the core forecasting algorithm, a prototype hybrid forecasting model has been developed and tested by deploying GIS technologies in the following areas: (1) storing, retrieving, and displaying traffic data to assist in the forecasting procedures, (2) building road network data, and (3) integrating historical databases and road network data. This study shows that adopting GIS technologies in link travel time forecasting is efficient for achieving two goals: (1) reducing computational delay and (2) increasing forecasting accuracy.