The Value of Travel Time and Reliability: Empirical Evidence from Katy Freeway
نویسندگان
چکیده
منابع مشابه
Value of Travel Time :Theoretical and Empirical Method
The value of travel time savings (VTTS) is the monetary value attached to save a determined amount of travel time. VTTS is also the most important benefit category aimed at justifying investments in transport infrastructures by public administrations. Hence VTTS played a significant role in various economic studies, both analytical and empirical (Zamparini & Reggiani, 2007). "It is difficult to...
متن کاملA Freeway Travel Time Reliability Study
The objective of this study was to identify measures appropriate to estimate travel time reliability and apply them to study the reliability of travel time under varying freeway operating conditions. More specifically, a case study was undertaken to study travel time reliability along the I-65 corridor in the State of Alabama. The objectives of this study were to: a) Calculate reliability metri...
متن کاملValue of travel time reliability: A review of current evidence
Travel time reliability is a fundamental factor in travel behavior. It represents the temporal uncertainty experienced by travelers in their movement between any two nodes in a network. The importance of the time reliability depends on the penalties incurred by the travelers. In road networks, travelers consider the existence of a trip travel time uncertainty in different choice situations (dep...
متن کاملThe Value of Travel Time and Reliability-Evidence from a Stated Preference Survey and Actual Usage
This research examined travel behavior of Managed Lane (ML) users to better understand the value travelers place on travel time savings and travel time reliability. We also highlight the importance of survey design techniques. These objectives were accomplished through a stated preference survey of Houston’s Katy Freeway travelers. Three stated choice experiment survey design techniques were te...
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In modern economics, Intellectual capital is described as an intangible asset which can be used as a source of sustainable competitive advantage. However, intellectual capital components have to interact in themselves to create value. The paper seeks to examine the impact of intellectual capital on firms’ market value and financial performance. The efficiency of the value added by corporate int...
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ژورنال
عنوان ژورنال: Transportation Research Record: Journal of the Transportation Research Board
سال: 2017
ISSN: 0361-1981,2169-4052
DOI: 10.3141/2606-10