Urban commuters’ valuation of travel time reliability based on stated preference survey: A case study of Beijing
economics - value of time, operations - reliability, operations - scheduling, planning - surveys, ridership - commuting
Urban commuters, Value of travel time reliability, Stated preference survey, Transportation mode
Regarding travel mode choices, urban commuters always consider not only travel time but also travel time reliability of different modes. In this study, schedule delays were used for measuring travel reliability. The trip scheduling model and binary logit model were used to estimate the value of travel time reliability. First, by considering the impacts of the income level and time constraint, the trip scheduling models were developed. Then, data for model calibration was collected through street-interview survey based on the stated preference (SP) approach. Finally, the model was calibrated using the collected data and the commuters’ value of travel time reliability were estimated. On the basis of the model results, the influence of income level and time constraint on the value of travel time reliability was analyzed. The results revealed that the value of travel time reliability differed significantly for different income and time constraint levels, and transportation modes. The developed models for travel time reliability analysis can be applied to supporting the travel cost analysis in the future.
Permission to publish the abstract has been given by Elsevier, copyright remains with them.
Kou, W., Chen, X., Yu, L., Qi, Y., & Wang, Y. (2016). Urban commuters’ valuation of travel time reliability based on stated preference survey: A case study of Beijing. Transportation Research Part A: Policy and Practice, Available online 27 October 2016. In Press, Corrected Proof — Note to users.