Title: Commuter Arrival Time Value Function in Urban Rail Transit
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
Publication Year: 2018
Publication Date: 2018-01-08
Language: en
Type: article
Access and Citation
AI Researcher Chatbot
Get quick answers to your questions about the article from our AI researcher chatbot