Travel-time reliability impacts on railway passenger demand: a revealed preference analysis

Ruben van Loon, Piet Rietveld and Martijn Brons ()

Journal of Transport Geography, 2011, vol. 19, issue 4, 917-925

Abstract: We study the impact of travel-time reliability on trips made by railway passengers. Unlike most of the studies in this area, which make use of stated preference survey data, we use a revealed preference data set obtained by measuring the railway reliability and the number of season-ticket holders on the Dutch railway network. We make use of six travel-time reliability indicators, including the standard deviation and the 80th minus the 50th percentile of travel time. Our results indicate that the 80th minus the 50th percentile indicator best explains the fluctuations in the number of season-ticket holders. A 10% improvement of this indicator results in a 1.47% increase in the number of season-ticket holders.

Keywords: Reliability; Value of travel time; Railway reliability; Revealed preference (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (16)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:jotrge:v:19:y:2011:i:4:p:917-925

DOI: 10.1016/j.jtrangeo.2010.11.009

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