The User Costs of Air Travel Delay Variability

Paul Koster, Eric Pels () and Erik Verhoef
Additional contact information
Eric Pels: Department of Spatial Economics, VU University, 1081 HV Amsterdam, Netherlands; and Tinbergen Institute, 1082 MS Amsterdam, Netherlands

Transportation Science, 2016, vol. 50, issue 1, 120-131

Abstract: We derive the expected user costs of U.S. 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 U.S. air traffic delays are almost doubled if expected schedule delay of travelers is accounted for, whereas the benefits of improvements in mean delay 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)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://dx.doi.org/10.1287/trsc.2014.0551 (application/pdf)

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:inm:ortrsc:v:50:y:2016:i:1:p:120-131

Access Statistics for this article

More articles in Transportation Science from INFORMS Contact information at EDIRC.
Bibliographic data for series maintained by Chris Asher ().