Valuing reliability : characteristics of travel time distribution on an urban road.

Auteur(s)
Fosgerau, M. & Fukuda, D.
Jaar
Samenvatting

Travel time reliability is increasingly recognised as an important issue for transport planning and policy evaluation. In the theoretical model, the mean and standard deviation of travel time may depend on the time of day, such that it is possible to take into account that both vary with demandover the day. An important assumption in the theoretical model is that the standardised travel time distribution is constant over the day. Then it is sufficient to account for the variation in the mean and standard deviation. The point of this paper is to provide a detailed empirical examination of this assumption. The paper uses minute by minute observations of average travel times on four sections of a major radial road in Copenhagen, collected over a period of three months. The distribution of travel times isevaluated using a range of nonparametric techniques. One finding is that the standardised distribution of travel times seems to be similar to a stable distribution. The family of stable distributions include the normal distribution as a special case and result from a general central limit theorem, where disturbances do not necessarily have finite variance. The nonparametric techniques employed allow for this. The paper fits stable distributions to the standardised travel time distributions and examines whether they share a common shape parameter. It will be quite important if this emerges as a stylised fact, since it would allow for easy aggregation of results from links to the network level. For the covering abstract see ITRD E145999

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Publicatie

Bibliotheeknummer
C 49507 (In: C 49291 [electronic version only]) /72 / ITRD E157112
Uitgave

In: Proceedings of the European Transport Conference ETC, Leeuwarden, The Netherlands, 6-8 October 2008, 39 p.

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