Arbeitspapier
Travel Time Variability and Airport Accessibility
This paper analyses the cost of access travel time variability for air travelers. Reliable access to airports is important since it is likely that the cost of missing a flight is high. First, the determinants of the preferred arrival times at airports are analyzed, including trip purpose, type of airport, flight characteristics, travel experience, type of check-in, need to check-in luggage. Second, the willingness to pay (WTP) for reduction in access travel time, early and late arrival time at the airport, and the probability to miss a flight is estimated using a stated choice experiment. The results indicate that the WTPs are relatively high, which is partially due to the low cost sensitivity of air travelers. Third, a model is developed to calculate the cost of variable travel times for air travelers going by car, taking into account travel time cost, scheduling cost and the cost of missing a flight. In this model, the value of reliability for air travelers is derived taking 'anticipating departure time choice' into account. Results of the numerical exercise show that the cost of access travel time variability for business travelers are between 3-36% of total access travel cost, and for non-business travelers between 3-30%. These numbers depend strongly on the time of the day.
- Language
-
Englisch
- Bibliographic citation
-
Series: Tinbergen Institute Discussion Paper ; No. 10-061/3
- Classification
-
Wirtschaft
Transportation: Demand, Supply, and Congestion; Travel Time; Safety and Accidents; Transportation Noise
Transportation: General
Air Transportation
Allocative Efficiency; Cost-Benefit Analysis
- Subject
-
value of reliability
scheduling
travel time variability
airport accessibility
airport choice
Transportzeit
Willingness to pay
Verkehrsmittelwahl
Zeitpräferenz
Flughafen
Theorie
- Event
-
Geistige Schöpfung
- (who)
-
Koster, Paul
Kroes, Eric
Verhoef, Erik T.
- Event
-
Veröffentlichung
- (who)
-
Tinbergen Institute
- (where)
-
Amsterdam and Rotterdam
- (when)
-
2010
- Handle
- Last update
-
10.03.2025, 11:42 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Koster, Paul
- Kroes, Eric
- Verhoef, Erik T.
- Tinbergen Institute
Time of origin
- 2010