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Trans. Planning Journal
| Title | Modeling the Auto-commuters’ Time Values |
|---|---|
| Author | Chen-Hsiu Laih, Pei-Chun Yang, Chun-Lin Tzeng, Chun-Ying Pai |
| Summary | This study derived the related time values in the bottleneck queuing model by utility function maximization principle. The results were valuable in pricing a queuing road bottleneck in rush hours. Because many commuting cars queue in front of the entry to a road bottleneck, all auto-commuters would seek to maximize their utilities with some constraints including their available time and disposable income. Then the related time values for all auto-commuters derived from both the early and late arrival patterns at work can be obtained. This study showed that the time late value is the difference between the punishment cost for late arrival and the leisure time value. The time early value is equal to the leisure time value. The queuing time value is the sum of the leisure time value and vehicle operating costs. The empirical time late, time early and queuing time values per hour for auto-commuters in Taiwan were estimated as NT$98.89~159, NT$74 and NT$98.8, respectively. |
| Vol. | 32 |
| No. | 3 |
| Page | 479 |
| Year | 2003 |
| Month | 9 |
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