Modelling travellers’ risky choice in a revealed preference context: a comparison of EUT and non-EUT approaches

Recent work on risky choice modelling has sought to address the shortcomings of expected utility theory (EUT) by using non-expected utility theoretic (non-EUT) approaches. However, to date these approaches have been merely tested on stated choice data which is flexible and cheap. In this study, we empirically investigate the feasibility and validity of non-EUT approaches in a revealed preference (RP) context in which travel time distribution is extracted from observed historical travel time data, and subsequently present systematic comparisons between EUT, weighted utility theory, rank-dependent expected utility theory, and prospect theory (PT). The empirical evidence indicates that each non-EUT model has important behavioural insights to offer, moreover, EUT as well as non-EUT models can be applied to the RP context. However, the EUT and non-EUT model fits are generally similar with only PT providing a marginally improved model fit over EUT. The key findings presented in this study reinforce the importance of exploring non-EUT models within a revealed preference context before they can be applied reliably to modelling risky choices in the real world.     

Competition and ownership in land passenger transport: the fourth international conference — Part 2

In the rail industry worldwide, there has been a search for new solutions, including restructuring, corporatization, and outright privatization, but the complexity of the rail industry offers special problems. In the Workshop we looked in detail at the British, Swedish, German, Australian (New South Wales) and New Zealand experiences, as well as considering more general issues such as cost structures, vertical separation and competitive tendering. Whilst it was agreed that some developments, such as greater contracting out, were clearly beneficial, other developments such as the separation of infrastructure from operations remained of uncertain value until the issues of efficient pricing and slot allocation were resolved.     

A programmable calculation procedure for number of traffic conflict points at highway intersections

Traffic movement conflict points at intersections are the points at which traffic movements intersect (including crossing, merging, and diverging). Numbers and distribution of different types of conflict points are used to evaluate intersection access management designs and safety performance. Traditionally, the determination of the numbers of conflict points for different traffic movements is based on manual methods, which causes the difficulty for computerized procedures to evaluate safety performance of different access management designs. Sometimes, a programmable calculation procedure may provide more effective solutions as compared with manual methods. This paper presents a programmable calculation procedure for the determination of the numbers of conflict points, which could be used as a basis for a computerized procedure. Concepts of virtual movement lanes and intersection quadrants are introduced to specify types of intersections, traffic lane configurations, and traffic movement regulations. Calculation models, based on such concepts, for traffic movement conflict points at signalized and unsignalized intersections can be obtained. In support of the procedure, case studies are presented in the paper. The procedure presented in the paper can be programmed into a computer program for the purpose of a computerized evaluation of intersection safety and design performance of different access management or control approaches. Copyright © 2012 John Wiley & Sons, Ltd.     

Intelligent transport systems solutions in transitional countries: The case of Korea

Transport policy in Korea is driven by the need to cope with ever-worsening traffic conditions. The development of an intelligent transport systems (ITS) Master Plan for Korea is of particular interest and demonstrates the heavy reliance placed on ITS measures to facilitate both the management of congested (but expanding) highway networks and to encourage a shift to greater use of public transport. The paper highlights the major achievements of ITS in Korea by assessing the evidence provided by the widespread implementation of ITS technologies (such as the creation of 'showcase' demonstrations). Some observations from the implementation of ITS in (so-called) transitional economies are presented.     

Interactive stated choice surveys: a study of air travel behaviour

Stated preference (SP) experiments are becoming an increasingly popular survey methodology for investigating travel behaviour. Nevertheless, some evidence suggests that SP experiments do not mirror decisions in real markets. With an increasing number of real world decisions made using the internet, an opportunity exists to improve the realism of the SP counterparts of such choices by aligning the choice environment with such online portals. In this paper, we illustrate the benefits of such an approach in the context of air travel surveys. Our survey is modelled on the interface and functionality of an online travel agent (OTA). As with a real OTA, many ticket options are presented. Sort tools allow the options to be reordered, search tools allow options to be removed from consideration, and a further tool allows attributes to be hidden and shown. Extensive use of these tools is made by the 462 respondents. A traditional SP component was also completed by the respondents. Our exploratory analysis as well as random utility model estimation results confirm not only that respondents seem to engage more actively with the interactive survey, but also that the resulting data allows for better performance in model estimation compared to a more conventional SP experiment. These results have implications for the study of other complex travel choices where interactive surveys may similarly be preferable to standard approaches.     

Safety modeling for two‐way left‐turn lanes and a procedure to identify two‐way left‐turn lane segments with safety concerns

In the past, two‐way left‐turn lane (TWLTL) median treatments have been frequently used in Florida to inexpensively improve traffic and safety performances. In order to identify factors that may have significant impacts on safety operations in TWLTL sections and to identify TWLTL locations that present existing and future safety concerns, a research project was carried out and results are summarized in the paper. In the research, a three‐year crash history database with crashes and section characteristics from a total of 1688 TWLTL sections all over Florida was developed and used. A negative binomial regression model was developed to determine the statistical relationship between the number of crashes per mile per year and several variables such as traffic volume, access density, posted speed, and number of lanes. In regard to the methodology, in order to identify locations with safety concerns, several steps are needed: development of real crash data distribution, determination of statistical distribution models that better represent the actual crash data, determination of percentile values for the average number of crashes, estimation of crash rates for sections with the same characteristics, estimation of critical values for the variables corresponding to the percentile values for average number of crashes, calculation of tables of critical average annual daily traffic values, and generation of a list of TWLTL locations with critical safety concerns. Results presented in the paper have been used in real applications. Copyright © 2012 John Wiley & Sons, Ltd.     

中国汽车产业格局的演变

近期长安汽车集团宣布收购中，国航空工业集团公司的汽车资产。这是中国汽车产业发展的一个重要进程。这次收购产生了产能超过200万辆的中国第三大汽车企业集团，增强了第二大轻型商用车生产商的实力，并通过与福特、马自达和铃木的合资企业扩大了长安汽车集团的轿车产品范围。     

A probabilistic damage tolerance concept for welded joints Part 2: a supplement to the rule based S–N approach

The first part of this paper presented the required statistics and stochastic models for reliability analysis of the fatigue fracture of welded plate joints. This present Part 2 suggests a probabilistic damage tolerance supplement to the design S–N curves for welded joints. The goal is to provide the practising engineer with simple tools that predict the reliability against fatigue fracture during service life. The impact of the chosen fatigue design factors (FDF) and the uncertainty in the applied stresses is revealed. The effect of an in-service inspection programme is also predicted. The results are presented as dimensionless matrices and suggested for use in support of decision-making at the design stage, without any advanced fracture mechanics modelling and stochastic simulation. One important advantage of this format is that the probability levels are presented regardless of actual weld class and target service life (TSL). This is obtained by introducing the FDF as a key parameter to the results. This parameter is defined as the ratio of predicted fatigue life over TSL. FDF is always calculated in the S–N approach which is mandatory in fatigue life prediction. Various welded details (classes) will have the same reliability level for the same FDF. This is true at the end of TSL and at earlier stages, i.e. fractions of TSL. The absolute value of TSL is immaterial for a given FDF. In the case of in-service inspection, the inspection interval is also given without dimensions as a fraction of TSL.

Only the influence of future scheduled inspections is treated. Updating based on actual inspection results is not included as the scope of work is inspection planning at the design stage. Results for some frequent cases occurring in practice are readily derived and presented.     

A tool to aid redesign of flexible transport services to increase efficiency in rural transport service provision

Rural areas generally have lower and more dispersed demands for travel which cannot sustain conventional public transport services and consequently have a greater number of flexible and demand responsive transport services operating. These services usually operate on a stand-alone basis, are often subsidized and are typically only accessible by certain passenger types or for specific trip purposes. This generally results in uncoordinated and inefficient transport provision overall. The Flexible integrated transport services (FITS) system featured in this paper has been designed to address this problem. FITS can be used as a planning tool to assess potential benefits from relaxing operating constraints (e.g., a service's operating boundaries), which can potentially suggest service redesign. It also includes the capacity to assign subsidy payments on a trip by trip basis to increase cost efficiency whilst meeting a greater proportion of transport needs. The case study in the paper focusses on transport to health in the Aberdeenshire and Morayshire areas of Scotland in the UK. Despite flexible transport operators receiving public funds to meet passenger needs, this is currently being supplemented by public bodies paying large amounts in taxi fares in instances where there is a statutory obligation to provide travel but where no other suitable transport service exists. The results demonstrate the potential substantial savings which could be realized by allowing transport operators to redesign their services by relaxing constraints and by the reassignment of subsidies: resulting in more passenger demands being met and a reduction in public spending on taxi fares.