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Value of freeway travel time information

Author
Soriguera, F.
Type of activity
Presentation of work at congresses
Name of edition
92nd Transportation Research Board Annual Meeting
Date of publication
2013
Presentation's date
2013-01-16
Book of congress proceedings
2013 TRB 92nd Annual Meeting: Compendium of Papers
First page
1
Last page
19
Repository
http://hdl.handle.net/2117/17553 Open in new window
URL
http://amonline.trb.org/ Open in new window
Abstract
This paper analyzes the value of highway travel time information systems. This is achieved by using notions of expected utility theory to develop a departure time selection and route choice model. The model assumes that every driver has a level of accepted lateness for his trip and some perceived knowledge of the travel times on the route. Only these two inputs support his decisions. The decision making process does not require the consideration of a complex cost function and does not involve an...
Citation
Soriguera, F. Value of freeway travel time information. A: Transportation Research Board Annual Meeting. "2013 TRB 92nd Annual Meeting: Compendium of Papers". Washingtong, D.C.: 2013, p. 1-19.
Keywords
Departure time selection, route choice, travel time uncertainty, unreliability costs
Group of research
BIT - Barcelona Innovative Transportation

Participants