Value of travel time reliability on French high-speed and regional services

As an infrastructure manager, Réseau Ferré de France must inform and consult the different stakeholders about its investments projects. In this context, socio-economic appraisal is of great importance. Regarding new line projects, the cost-benefit analysis is well established. However, for projects whose main functionality is to improve the reliability of services, it is less straightforward: it requires to value the delays that passengers would have experienced without the investment. In this paper, we propose values to assess an improvement of the punctuality of trains in France (high-speed and regional trains), estimated from two stated-preferences surveys, carried out by Stratec with the help of Significance and Rand Europe. This paper also estimates the value of information in case of disturbance and the cost of overcrowding. The Commissariat General a la Strategie et a la Prospective (advisory institution under the authority of the Prime Minister) recently recommended to use the values of punctuality estimated in this research to appraise transport infrastructure investments.

• 
• Corporate Authors:

  Institut Francais des Sciences et Technologies des Transports, de l'Aménagement et des Réseaux (IFSTTAR)

  14-20 bd Newton, Cité Descartes, Champs su Marne
  77447 Marne la Vallée,   France  Cedex 2
• Authors:
  • Guiraud, Laure
  • Gayda, Sylvie
  • Cabrita, Ines
  • Kroes, Eric
• Conference:
  • Transport Research Arena (TRA) 5th Conference: Transport Solutions from Research to Deployment
  • Location: Paris , France
  • Date: 2014-4-14 to 2014-4-17
• Publication Date: 2014-4

Language

• English

Media Info

• Pagination: 10p
• Monograph Title: Transport Research Arena (TRA) 2014 Proceedings

Subject/Index Terms

• TRT Terms: High speed ground transportation; Mathematical models; Passenger transportation; Railroad transportation; Speed; Stated preferences; Traffic delays; Travel time; Value engineering
• ITRD Terms: 9010: Delay; 1163: High speed; 697: Journey time; 6473: Mathematical model; 1146: Passenger transport; 1173: Rail bound transport; 6587: Stated preference; 248: Value analysis
• Subject Areas: Operations and Traffic Management; Passenger Transportation; Railroads; I10: Economics and Administration;

Filing Info

• Accession Number: 01540884
• Record Type: Publication
• Source Agency: Swedish National Road and Transport Research Institute (VTI)
• Files: VTI, TRIS, ATRI
• Created Date: Oct 15 2014 10:43AM