A study on benefit estimation that considers the values of travel time and travel time reliability in road networks

This study proposes a benefit estimation method that considers travel time reliability. The proposed method is based on a network model that is formulated as a utility maximization problem with constraints. Since this utility maximization problem has the same equilibrium conditions as a multi-class user equilibrium traffic assignment problem with elastic demand, both transport demand forecasting and benefit estimation can be carried out in the same framework. By assuming a certain form for the utility function, the road network model can estimate the prohibitive price, so the proposed method is convenient for estimating opportunity loss due to disruption of origin–destination connection in the event of a natural disaster. Furthermore, the values of travel time and travel time reliability are estimated endogenously in the proposed method; thus, changes in these values can be reflected in the benefit estimation. A numerical experiment demonstrates the method presented in this study.

Language

  • English

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Filing Info

  • Accession Number: 01671961
  • Record Type: Publication
  • Files: TRIS
  • Created Date: May 31 2018 3:03PM