publication . Article . 2015

On including travel time reliability of road traffic in appraisal

De Jong, GC; Bliemer, M;
Open Access
  • Published: 01 Mar 2015 Journal: Transportation Research Part A: Policy and Practice, volume 73, pages 80-95 (issn: 0965-8564, Copyright policy)
  • Publisher: Elsevier BV
  • Country: United Kingdom
Abstract
In many countries, decision-making on proposals for national or regional infrastructure projects in passenger and freight transport includes carrying out a cost–benefit analysis for these projects. Reductions in travel times are usually a key benefit. However, if a project also reduces the variability of travel time, travellers, freight operators and shippers will enjoy additional benefits, the ‘reliability benefits’. Until now, these benefits are usually not included in the cost–benefit analysis. To include reliability of travel or transport time in the cost–benefit analysis of infrastructure projects not only monetary values of reliability, but also reliabilit...
Subjects
free text keywords: Urban planning, Cost–benefit analysis, Transport engineering, Economics, Valuation (finance), Road traffic, Ministry of Transport, Travel time, Travel time reliability, Accident prevention
22 references, page 1 of 2

Arellana, J., Daly, A., Hess, S., Ortúzar, J. de D. and Rizzi, L. (2012) Development of Surveys for Study of Departure Time Choice. Transportation Research Record: Journal of the Transportation Research Board 2303: pp. 9-18. [OpenAIRE]

Arellana, J., Ortúzar, J. de D. and Rizzi, L. (2013) Survey data to model time-of-day choice: methodology and findings. in Transport Survey Methods: Best Practice for Decision Making, eds J. Zmud., M. Lee-Gosselin, M. [OpenAIRE]

Munizaga and J.A. Carrasco, pp. 479-505. Emerald, Bingley (UK).

Fosgerau, M. and Karlström, A. (2010) The value of reliability. Transportation Research B, 44(1), pp. 38-49. [OpenAIRE]

Fowkes, T. (2007) The design and interpretation of freight stated preference experiments seeking to elicit behavioural valuations of journey attributes. Transportation Research B, 41, pp. 966-980. [OpenAIRE]

Frith, B.A., Fearon, J., Sutch, T.E. and Lunt, G. (2004) Updating and validating parameters for incident appraisal model INCA. TRL Published Report PPR 020.

Gayah, V.V., Dixit, V.V. and Guler, S.I. 92013) Relationship between mean and day-to-day variation in travel time in urban networks. EURO Journal of Transportation and Logistics, DOI 10.1007/s13676-013-0032-2.

Geistefeldt, J., Hohmann, S. and Wu, N. (2014) Ermittlung des Zusammenhangs von Infrastruktur und Zuverlässigkeit des Verkehrsablaufs für den Verkehrsträger Straße W Schlussbericht für Bundesministerium für Verkehr und digitale Infrastruktur. Ruhr Universität Bochum.

Halse, A., Samstad, H. Killi, M. Flügel, S. and Ramjerdi, F (2010) Valuation of freight transport time and reliability (in Norwegian). TØI report 1083/2010, Oslo.

Hamer, R., De Jong, G.C. and Kroes, E.P. (2005) The value of reliability in Transport W Provisional values for the Netherlands based on expert opinion. RAND Technical Report Series, TR-240-AVV, Netherlands.

Hellinga, B. (2011) Defining, Measuring, and Modelling Transportation Network Reliability. Final report, Delft University of Technology, the Netherlands.

Hensher, D.A. (2007) Valuation of Travel Time Savings, prepared for the Handbook in Transport Economics, edited by André de Palma, Robin Lindsey, Emile Quinet, Roger Vickerman (Edward Elgar Publisher).

Hollander, Y. (2006) Direct versus indirect models for the effects of unreliability. Transportation Research A, 40(9), pp. 699-711.

Hollander, Y. and Buckmaster, M. (2010) The reliability component in project evaluation. Paper presented at the 89th Annual Meeting of the Transportation Research Board, January 2010, Washington D.C.

Hollander, Y. and Liu, R. (2008) Estimation of the Distribution of Travel Times by Repeated Simulation.

22 references, page 1 of 2
Abstract
In many countries, decision-making on proposals for national or regional infrastructure projects in passenger and freight transport includes carrying out a cost–benefit analysis for these projects. Reductions in travel times are usually a key benefit. However, if a project also reduces the variability of travel time, travellers, freight operators and shippers will enjoy additional benefits, the ‘reliability benefits’. Until now, these benefits are usually not included in the cost–benefit analysis. To include reliability of travel or transport time in the cost–benefit analysis of infrastructure projects not only monetary values of reliability, but also reliabilit...
Subjects
free text keywords: Urban planning, Cost–benefit analysis, Transport engineering, Economics, Valuation (finance), Road traffic, Ministry of Transport, Travel time, Travel time reliability, Accident prevention
22 references, page 1 of 2

Arellana, J., Daly, A., Hess, S., Ortúzar, J. de D. and Rizzi, L. (2012) Development of Surveys for Study of Departure Time Choice. Transportation Research Record: Journal of the Transportation Research Board 2303: pp. 9-18. [OpenAIRE]

Arellana, J., Ortúzar, J. de D. and Rizzi, L. (2013) Survey data to model time-of-day choice: methodology and findings. in Transport Survey Methods: Best Practice for Decision Making, eds J. Zmud., M. Lee-Gosselin, M. [OpenAIRE]

Munizaga and J.A. Carrasco, pp. 479-505. Emerald, Bingley (UK).

Fosgerau, M. and Karlström, A. (2010) The value of reliability. Transportation Research B, 44(1), pp. 38-49. [OpenAIRE]

Fowkes, T. (2007) The design and interpretation of freight stated preference experiments seeking to elicit behavioural valuations of journey attributes. Transportation Research B, 41, pp. 966-980. [OpenAIRE]

Frith, B.A., Fearon, J., Sutch, T.E. and Lunt, G. (2004) Updating and validating parameters for incident appraisal model INCA. TRL Published Report PPR 020.

Gayah, V.V., Dixit, V.V. and Guler, S.I. 92013) Relationship between mean and day-to-day variation in travel time in urban networks. EURO Journal of Transportation and Logistics, DOI 10.1007/s13676-013-0032-2.

Geistefeldt, J., Hohmann, S. and Wu, N. (2014) Ermittlung des Zusammenhangs von Infrastruktur und Zuverlässigkeit des Verkehrsablaufs für den Verkehrsträger Straße W Schlussbericht für Bundesministerium für Verkehr und digitale Infrastruktur. Ruhr Universität Bochum.

Halse, A., Samstad, H. Killi, M. Flügel, S. and Ramjerdi, F (2010) Valuation of freight transport time and reliability (in Norwegian). TØI report 1083/2010, Oslo.

Hamer, R., De Jong, G.C. and Kroes, E.P. (2005) The value of reliability in Transport W Provisional values for the Netherlands based on expert opinion. RAND Technical Report Series, TR-240-AVV, Netherlands.

Hellinga, B. (2011) Defining, Measuring, and Modelling Transportation Network Reliability. Final report, Delft University of Technology, the Netherlands.

Hensher, D.A. (2007) Valuation of Travel Time Savings, prepared for the Handbook in Transport Economics, edited by André de Palma, Robin Lindsey, Emile Quinet, Roger Vickerman (Edward Elgar Publisher).

Hollander, Y. (2006) Direct versus indirect models for the effects of unreliability. Transportation Research A, 40(9), pp. 699-711.

Hollander, Y. and Buckmaster, M. (2010) The reliability component in project evaluation. Paper presented at the 89th Annual Meeting of the Transportation Research Board, January 2010, Washington D.C.

Hollander, Y. and Liu, R. (2008) Estimation of the Distribution of Travel Times by Repeated Simulation.

22 references, page 1 of 2
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