The cost of travel time variability: Three measures with properties

Publikation: Bidrag til tidsskriftTidsskriftartikelForskningfagfællebedømt

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 mean-dispersion measures. We characterise measures that are both scheduling measures and mean-dispersion 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.

OriginalsprogEngelsk
TidsskriftTransportation Research Part B: Methodological
Vol/bind91
Sider (fra-til)555-564
Antal sider10
ISSN0191-2615
DOI
StatusUdgivet - sep. 2016

ID: 181871359