Prediction of travel time variability for cost-benefit analysis

Unreliable travel times cause substantial costs to travelers. Nevertheless, they are often not taken into account in cost-benefit analyses (CBA), or only in very rough ways. This paper aims at providing simple rules to predict variability, based on travel time data from Dutch highways. Two different concepts of travel time variability are used, which differ in their assumptions on information availability to drivers. The first measure is based on the assumption that, for a given road link and given time of day, the expected travel time is constant across all working days (rough information: RI). In the second case, expected travel times are assumed to reflect day-specific factors such as weather conditions or weekdays (fine information: FI). For both definitions of variability, we find that the mean travel time is a good predictor. On average, longer delays are associated with higher variability. However, the derivative of variability with respect to delays is decreasing in delays. It can be shown that this result relates to differences in the relative shares of observed traffic ‘regimes’ (free-flow, congested, hyper-congested) in the mean delay. For most CBAs, no information on the relative shares of the traffic regimes is available. A non-linear model based on mean travel times can then be used as an approximation.     

Impact of pricing and transit disruptions on bikeshare ridership and revenue

Transportation - Bikeshare operators routinely explore options to improve ridership and revenue by studying interaction among pricing, service and operations. The objective of this research is to...     

A joint time-assignment and expenditure-allocation model: value of leisure and value of time assigned to travel for specific population segments

Transportation - Based on a time-use model with a sound theoretical basis and carefully collected data for Austria, the value of leisure (VoL) for different population segments has been estimated....     

A practical method to estimate the benefits of improved road network reliability: an application to departing air passengers

This paper develops and applies a practical method to estimate the benefits of improved reliability of road networks. We present a general methodology to estimate the scheduling costs due to travel time variability for car travel. In contrast to existing practical methods, we explicitly consider the effect of travel time variability on departure time choices. We focus on situations when only mean delays are known, which is typically the case when standard transport models are used. We first show how travel time variability can be predicted from mean delays. We then estimate the scheduling costs of travellers, taking into account their optimal departure time choice given the estimated travel time variability. We illustrate the methodology for air passengers traveling by car to Amsterdam Schiphol Airport. We find that on average planned improvements in network reliability only lead to a small reduction in access costs per trip in absolute terms, mainly because most air passengers drive to the airport outside peak hours, when travel time variability tends to be low. However, in relative terms the reduction in access costs due to the improvements in network reliability is substantial. In our case we find that for every 1 Euro reduction in travel time costs, there is an additional cost reduction of 0.7 Euro due to lower travel time variability, and hence lower scheduling costs. Ignoring the benefits from improved reliability may therefore lead to a severe underestimation of the total benefits of infrastructure improvements.