Highlights Information about incidents and other shocks is often available to motorists. We analyze the case of pre-trip information and route-choice decisions. We show that information can increase travel costs due to congestion externalities. Key factors are free-flow travel costs and correlation in conditions between routes.
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.
Pre-trip information and route-choice decisions with stochastic travel conditions: Theory
Transportation Research Part B: Methodological ; 67 ; 187-207
2014-05-06
21 pages
Aufsatz (Zeitschrift)
Elektronische Ressource
Englisch
Pre-trip information and route-choice decisions with stochastic travel conditions: Theory
Online Contents | 2014
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Online Contents | 2014
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