The value of travel time variance
By Mogens Fosgerau, Leonid Engelson. 2010
226 citations recorded by the source corpus.
Subfields: Economics and Econometrics, Transportation
View Paper: https://www.semanticscholar.org/paper/756eda6f115186a0f99f2641723d749fd2837022
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Economics and Econometrics
- Maria Börjesson
- Jonas Eliasson
- Joel Franklin
- Erik T. Verhoef
- G. D. de Jong
- Michael A. P. Taylor
- Paul Koster
- J. Bates
In Transportation
- Maria Börjesson
- Michael A. P. Taylor
- Erik T. Verhoef
- Vincent A. C. van den Berg
- Jonas Eliasson
- Yu Jiang
- Wai Yuen Szeto
- Joel Franklin
Citations in the corpus
- Travel through time: the story of research on travel time reliability (2013, background): “Engelson and Fosgerau (2011), Fosgerau and Engelson (2011) and Fosgerau and Fukuda (2012) have continued research on this model.”
- Valuations of travel time variability in scheduling versus mean-variance models (2012, methodology): “Given a fixed travel time $, the optimal departure time ∗ can be found by maximizing ( , + $) from (11) (Fosgerau & Engelson, 2011), which gives: ∗ = 5R3R/5R $ (12) The corresponding maximal utility ∗ becomes: ∗ = − $ − 5RK ( ∗ + $)K + 3RK ( ∗)K (13) In the first stated choice experiment, each…”
- New values of time and reliability in passenger transport in The Netherlands (2014, methodology): “There is also an equivalence relation between the Vickrey/Tseng/Verhoef scheduling model to a model with the mean and the variance of travel time (Fosgerau and Engelson, 2011).”
- Value of Travel Time Reliability: A Review of Current Evidence (2010, background): “…et al., 2010); alternative formulation of schedule early (SDE), and schedule late (SDL) (Tilahun and Levinson, 2010); and scheduling preferences with non-constant marginal utilities or time-varying parameters (Tseng and Verhoef (2008) and Fosgereau and Engelson (2011) and Jenelius et al. (2011)).”
- Reliability-based stochastic transit assignment: Formulations and capacity paradox (2016, background): “The variability in the in-vehicle travel time and the waiting time, along with the delay due to congestion, cause variability in trip time (see, e.g., Lo et al., 2006 ) and in the value of travel time (see, e.g., Senna, 1994; Fosgerau and Engelson, 2011 ).”