The cost of travel time variability: Three measures with properties

Leonid Engelson, Mogens Fosgerau*

*Corresponding author af dette arbejde
18 Citationer (Scopus)

Abstract

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 - 1 sep. 2016

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