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10 items by relevance
1 Journal article

Travel time variability and rational inattention

Fosgerau, Mogens; Jiang, Gege

Transportation Research Part B — 2018, Volume 120, pp. 1-14

that day. The model describes how cheaper information allows the traveler to expand his/her consideration set and adapt more flexibly to changing conditions. This increases the traveler's payoff. The marginal cost of travel time variability is always positive. The ability to choose the information strategy

Year: 2018

Language: English

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2 Report

Travel time variability and rational inattention

Fosgerau, Mogens; Jiang, Gege

This paper sets up a rational inattention model for the choice of departure time for a traveler facing random travel time. The traveler chooses how much information to acquire about the travel time out-come before choosing departure time. This reduces the cost of travel time variability compared

Year: 2017

Language: English

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3 Journal article

Additive measures of travel time variability

Engelson, Leonid; Fosgerau, Mogens

Transportation Research Part B — 2011, Volume 45, Issue 10, pp. 1560-1571

This paper derives a measure of travel time variability for travellers equipped with scheduling preferences defined in terms of time-varying utility rates, and who choose departure time optimally. The corresponding value of travel time variability is a constant that depends only on preference

Year: 2011

Language: English

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4 Report

Travel time variability: Definition and valuation

Fosgerau, Mogens; Hjorth, Katrine; Brems, Camilla Riff; Fukuda, Daisuke

Year: 2008

Language: English

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5 Report

Prediction model for travel time variability

Fosgerau, Mogens; Hjorth, Katrine; Jensen, Thomas Christian; Prameswari, Niken

Year: 2015

Language: English

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6 Journal article

Route choice, travel time variability, and rational inattention

Jiang, Gege; Fosgerau, Mogens; Lo, Hong K.

Transportation Research Part B — 2019, Volume 132, pp. 188-207

reduces the impact of travel time variability and increases the probability of choosing a less costly route. However, in RIUE, more information may reduce the social welfare in some scenarios.

Year: 2019

Language: English

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7 Conference paper

Route choice, travel time variability, and rational inattention

Jiang, Gege; Fosgerau, Mogens; Lo, Hong K.

Transportation Research Procedia — 2019, Volume 38, pp. 482-502

reduces the impact of travel time variability and increases the probability of choosing a less costly route. However, in RIUE, more information may reduce the social welfare in some scenarios.

Year: 2019

Language: English

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8 Conference paper

The value of travel time variability for a scheduled service

Fosgerau, Mogens; Hjorth, Katrine

Proceedings of the European Transport Conference 2008 — 2008

Year: 2008

Language: English

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9 Journal article

The cost of travel time variability: three measures with properties

Engelson, Leonid; Fosgerau, Mogens

Transportation Research. Part B: Methodological — 2016, Volume 91, pp. 555-564

This paper explores the relationships between three types of measures of the cost of travel time variability: measures based on scheduling preferences and implicit departure time choice, Bernoulli type measures based on a univariate function of travel time, and mean-dispersion measures. We

Year: 2016

Language: English

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10 Journal article

Valuing travel time variability: Characteristics of the travel time distribution on an urban road

Fosgerau, Mogens; Fukuda, Daisuke

Transportation Research. Part C: Emerging Technologies — 2012, Volume 24, pp. 83-101

This paper provides a detailed empirical investigation of the distribution of travel times on an urban road for valuation of travel time variability. Our investigation is premised on the use of a theoretical model with a number of desirable properties. The definition of the value of travel time

Year: 2012

Language: English

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