Eliasson, Jonas (2009): Forecasting travel time variability.
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Abstract
In order to incorporate travel time variability in appraisal, methods are needed to predict effects on travel time variability of investments and polity measures. The present study is a first step towards developing such a method. Using data from Stockholm’s automatic camera system for travel time measurements, a relationship is estimated between the standard deviation, the congestion level and various link characteristics. The relationship has been used in a cost-benefit analysis of the planned Stockholm bypass, yielding added benefits of around 15% of the conventional travel time benefits. Moreover, it is shown that that the travel time distribution tends to be less skewed for higher congestion levels, and that the covariance between adjacent links seems to be relatively small. The latter results is important since it makes it possible to approximate route variances as the sum of link variances.
Item Type: | MPRA Paper |
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Original Title: | Forecasting travel time variability |
Language: | English |
Keywords: | Travel time variability; reliability; congestion; travel time uncertainty; delays; appraisal |
Subjects: | R - Urban, Rural, Regional, Real Estate, and Transportation Economics > R4 - Transportation Economics > R41 - Transportation: Demand, Supply, and Congestion ; Travel Time ; Safety and Accidents ; Transportation Noise R - Urban, Rural, Regional, Real Estate, and Transportation Economics > R4 - Transportation Economics > R42 - Government and Private Investment Analysis ; Road Maintenance ; Transportation Planning |
Item ID: | 92470 |
Depositing User: | Professor Jonas Eliasson |
Date Deposited: | 02 Mar 2019 05:47 |
Last Modified: | 30 Sep 2019 14:51 |
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URI: | https://mpra.ub.uni-muenchen.de/id/eprint/92470 |