Pre-trip information and route-choice decisions with stochastic travel conditions: Theory
Charles Lindsey (),
Terry Daniel,
Eyran Gisches and
Amnon Rapoport
Transportation Research Part B: Methodological, 2014, vol. 67, issue C, 187-207
Abstract:
This paper studies the effects of pre-trip information on route-choice decisions when travel conditions are congested and stochastic. We adopt a model based on the classical two-route network in which free-flow travel times and/or capacities on each route vary unpredictably due to such shocks as bad weather, accidents, and special events. We show that the benefits of information depend on differences between routes in free-flow costs, the shape of the travel cost functions, the severity of congestion and capacity shocks, and the degree of correlation between routes in travel conditions. Information is more likely to be welfare-reducing when free-flow travel costs differ appreciably, travel cost functions are convex, shocks are similar in size on the routes, and route conditions are strongly and positively correlated.
Keywords: Advanced Traveler Information Systems; Incidents; Congestion; Road capacity; Route choice; Pre-trip information (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (23)
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0191261514000794
Full text for ScienceDirect subscribers only
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:eee:transb:v:67:y:2014:i:c:p:187-207
Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/supportfaq.cws_home/regional
https://shop.elsevie ... _01_ooc_1&version=01
DOI: 10.1016/j.trb.2014.05.006
Access Statistics for this article
Transportation Research Part B: Methodological is currently edited by Fred Mannering
More articles in Transportation Research Part B: Methodological from Elsevier
Bibliographic data for series maintained by Catherine Liu ().