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Stick to the Plan? A Revealed-Preference Study of Behavioural Impacts of Traffic Information

Author

Listed:
  • Yin-Yen Tseng

    (VU University Amsterdam)

  • Jasper Knockaert

    (VU University Amsterdam)

  • Erik T. Verhoef

    (VU University Amsterdam)

Abstract

We estimate a revealed-preference scheduling model of morning peak behaviour that allows us to determine the impact of traffic information on traveller behaviour. Specifically, we distinguish between the marginal impact of expected travel times versus that of deviations from this expectation upon user behaviour. We find that participants that chose to receive a smart-phone with traffic information as a reward in our experiment respond to the deviation of actual travel times from the expectation, which they did not do before. This we interpret as evidence that traffic information indeed affects behaviour. We also find that participants who did not choose the smart-phone, but instead opted for monetary rewards, also respond to the deviation of actual travel times from the expectation. This suggests that these drivers use other sources of information to help their trip planning.

Suggested Citation

  • Yin-Yen Tseng & Jasper Knockaert & Erik T. Verhoef, 2010. "Stick to the Plan? A Revealed-Preference Study of Behavioural Impacts of Traffic Information," Tinbergen Institute Discussion Papers 10-068/3, Tinbergen Institute.
    • Handle: RePEc:tin:wpaper:20100068
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    References listed on IDEAS

    as
    1. Chorus, Caspar G. & Arentze, Theo A. & Molin, Eric J.E. & Timmermans, Harry J.P. & Van Wee, Bert, 2006. "The value of travel information: Decision strategy-specific conceptualizations and numerical examples," Transportation Research Part B: Methodological, Elsevier, vol. 40(6), pages 504-519, July.
    2. David Hensher & William Greene, 2003. "The Mixed Logit model: The state of practice," Transportation, Springer, vol. 30(2), pages 133-176, May.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Traffic Information; Discrete Choice Analysis; Revealed Preference; Value of Travel Time Savings; Value of Schedule Delay;
    All these keywords.

    JEL classification:

    • R41 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Transportation: Demand, Supply, and Congestion; Travel Time; Safety and Accidents; Transportation Noise
    • D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis

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