01664605

Component

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

This paper was sponsored by TRB committee AP065 Standing Committee on Rail Transit Systems.

18-02321

English

14p

2018

Transportation Research Board 97th Annual Meeting

Digital/other

Figures; References; Tables

Commuters; Commuting; Departure time; Rail transit; Urban transit

Arrival time

Shanghai (China)

Passenger Transportation; Planning and Forecasting; Public Transportation

Transportation Research Board Annual Meeting 2018 Paper #18-02321

TRIS, TRB, ATRI

Jan 8 2018 10:34AM