 The Value of Advanced Traveler Information Systems for Route ChoiceNo 200307, Working Papers from University of Minnesota: Nexus Research Group Abstract: Over the next few years, driver behavior should become more informed with the advent and deployment of in-vehicle navigation systems. This paper analyzes systems that provide the driver the fastest path between his or her current location and final destination, updated in real-time to consider recurring and non-recurring congestion. The traveler's full cost per trip is a bundle comprised of both expected travel time and its reliability. This paper explores these topics from a theoretical economic perspective and then simulates stylized cases. Simulation results indicate that typical information benefits are at a maximum on the precipice of congestion, when vehicles are arriving at a rate of 95 percent of the capacity, while non-recurring congestion benefits are much greater. Keywords: Transportation Information Systems; In-Vehicle Navigation; En-Route Guidance; Electronic Route Guidance; Advanced Traveler Information Systems (search for similar items in EconPapers) Published in Transportation Research part C 11(1) 75-87. Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:nex:wpaper:atis Access Statistics for this paper More papers in Working Papers from University of Minnesota: Nexus Research Group Contact information at EDIRC. |
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