Abstract
The paper addresses the consumer value of changes in service frequency for timetable-based transport systems such as bus, train, ferry and air transport. Instead of using "average waiting times" we propose a more appropriate model specification of the different impacts of timetable changes for individual travellers. This includes a decision whether to plan the journey or not, and (if planning) when to start the journey as a function of the services available. We also address the issue of how to aggregate the individual values across the travelling population to obtain estimates of total welfare. Because there is significant variation in preferences between individual travellers, logsum-type measures are used to derive expected utilities rather than mean values. We end our paper by illustrating the application of our method for a rail service.
| Original language | English |
|---|---|
| Pages | 3-17 |
| Number of pages | 15 |
| DOIs | |
| Publication status | Published - 1 Jan 2018 |
| Event | 45th European Transport Conference, ETC 2017 - Barcelona, Spain Duration: 4 Oct 2017 → 6 Oct 2017 |
Conference
| Conference | 45th European Transport Conference, ETC 2017 |
|---|---|
| Country | Spain |
| City | Barcelona |
| Period | 4/10/17 → 6/10/17 |
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Keywords
- mixed traffic operation
- rail capacity allocation problem
- rail infrastructure utilisation
- train timetabling
Cite this
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The economic value of timetable changes. / Kroes, Eric; Daly, Andrew.
2018. 3-17 Paper presented at 45th European Transport Conference, ETC 2017, Barcelona, Spain.Research output: Contribution to Conference › Paper › Academic
TY - CONF
T1 - The economic value of timetable changes
AU - Kroes, Eric
AU - Daly, Andrew
PY - 2018/1/1
Y1 - 2018/1/1
N2 - The paper addresses the consumer value of changes in service frequency for timetable-based transport systems such as bus, train, ferry and air transport. Instead of using "average waiting times" we propose a more appropriate model specification of the different impacts of timetable changes for individual travellers. This includes a decision whether to plan the journey or not, and (if planning) when to start the journey as a function of the services available. We also address the issue of how to aggregate the individual values across the travelling population to obtain estimates of total welfare. Because there is significant variation in preferences between individual travellers, logsum-type measures are used to derive expected utilities rather than mean values. We end our paper by illustrating the application of our method for a rail service.
AB - The paper addresses the consumer value of changes in service frequency for timetable-based transport systems such as bus, train, ferry and air transport. Instead of using "average waiting times" we propose a more appropriate model specification of the different impacts of timetable changes for individual travellers. This includes a decision whether to plan the journey or not, and (if planning) when to start the journey as a function of the services available. We also address the issue of how to aggregate the individual values across the travelling population to obtain estimates of total welfare. Because there is significant variation in preferences between individual travellers, logsum-type measures are used to derive expected utilities rather than mean values. We end our paper by illustrating the application of our method for a rail service.
KW - mixed traffic operation
KW - rail capacity allocation problem
KW - rail infrastructure utilisation
KW - train timetabling
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UR - http://www.scopus.com/inward/citedby.url?scp=85063275569&partnerID=8YFLogxK
U2 - 10.1016/j.trpro.2018.09.042
DO - 10.1016/j.trpro.2018.09.042
M3 - Paper
SP - 3
EP - 17
ER -