Cheng, Y;
Ye, X;
Wang, Z;
(2018)
Commuter Arrival Time Value Function in Urban Rail Transit.
In:
Proceedings of the Transportation Research Board 97th Annual Meeting.
National Academy of Sciences
Preview |
Text
Cheng_Commuter Arrival Time Value Function in Urban Rail Transit_AAM.pdf - Accepted Version Download (604kB) | Preview |
Abstract
The passenger distribution of urban mass transit network is influenced by two kinds of choice, route choice and departure time choice. However, the latter choice has been ignored for a long time. For commuters with specified destination arrival time, the departure time choice is actually a trade-off between the perceived crowdedness and arrival time value. To obtain a better understanding of the influencing factors and mechanism of commuter arrival time value, the paper tries to introduce the value function of prospect theory. Several reference point alternatives are discussed and parameters are estimated with the empirical data from Shanghai, China. Results show that commuters show asymmetrical response to gains and losses, being more sensitive to the latter one, which is consistent with prospect theory. The time when a commuter starts to consider departing later and work/school start time are two reference points of arrival time value function in urban mass transit, and commuters are reluctant to switch their departure time even when they arrive at reference points. The optimal simplified value function fits the data well and hits as much as 86.45% of the sample
Type: | Proceedings paper |
---|---|
Title: | Commuter Arrival Time Value Function in Urban Rail Transit |
Event: | Transportation Research Board 97th Annual Meeting |
Location: | Washington (DC), United States |
Dates: | 7th-11th January 2018 |
Open access status: | An open access version is available from UCL Discovery |
Publisher version: | https://trid.trb.org/view/1495276 |
Language: | English |
Additional information: | This version is the author accepted manuscript. For information on re-use, please refer to the publisher’s terms and conditions. |
Keywords: | Urban Rail Transit, Departure Time Choice, Arrival Time Value, Prospect Theory, Value Function, Reference Point |
UCL classification: | UCL UCL > Provost and Vice Provost Offices > UCL BEAMS UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of Engineering Science UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of Engineering Science > Dept of Civil, Environ and Geomatic Eng |
URI: | https://discovery.ucl.ac.uk/id/eprint/10064497 |




Archive Staff Only
![]() |
View Item |