The User Costs of Air Travel Delay Variability

Paul Koster, Eric Pels and Erik Verhoef
Additional contact information
Eric Pels: VU University Amsterdam

No 13-056/VIII, Tinbergen Institute Discussion Papers from Tinbergen Institute

Abstract: This discussion paper resulted in a publication in 'Transportation Science'

. We derive the expected user costs of US domestic air travel delay variability taking into account scheduling behavior of travelers. Travelers do not only consider mean arrival delays, but also face scheduling costs because they arrive too early or too late at their destination. The model allows travelers to anticipate arrival delay variability by choosing an earlier flight. We show that the expected user costs of US air traffic delays are underestimated by 16% if arrival delay variability is ignored.

Keywords: air traffic delay; travel time variability; scheduling; value of reliability (search for similar items in EconPapers)
JEL-codes: R4 (search for similar items in EconPapers)
Date: 2013-04-09
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

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Related works:
Journal Article: The User Costs of Air Travel Delay Variability (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:tin:wpaper:20130056

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