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A method for structuring stochastic travel time by using risk premiums of stochastic link flow

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Please use this identifier to cite or link to this item:http://hdl.handle.net/2115/83732

Title: A method for structuring stochastic travel time by using risk premiums of stochastic link flow
Authors: Tani, Ryuichi Browse this author
Kato, Teppei Browse this author
Uchida, Kenetsu Browse this author →KAKEN DB
Keywords: Stochastic traffic demand
travel time reliability
risk premium
certainty equivalent
Issue Date: 2021
Publisher: Taylor & Francis
Journal Title: Transportmetrica. A, Transport science
Volume: 17
Issue: 2
Start Page: 212
End Page: 232
Publisher DOI: 10.1080/23249935.2020.1776416
Abstract: This study proposes a method for structuring stochastic link travel times in a road network with stochastic traffic demands. In our proposed method, the uncertainty of travel time is evaluated by link-flow-based indices. The mean link travel time is represented by using both its mean link flow and the corresponding risk premium of the stochastic link flow. The risk premium is defined by a concept of certainty equivalent derived from the relationship between a stochastic link flow and a link cost function. By expanding the concept of risk premium, a calculation method of link travel time covariance is proposed. Our proposed method defines bi-variate risk premiums, by which the mean of the product of two stochastic link travel times can be calculated. As a numerical calculation, we demonstrate our proposed method in a test network. Finally, we conclude and show future directions for evaluating real road networks.
Rights: This is an Accepted Manuscript of an article published by Taylor & Francis in Transportmetrica A: Transport Science on 2021, available online: http://www.tandfonline.com/10.1080/23249935.2020.1776416.
Type: article (author version)
URI: http://hdl.handle.net/2115/83732
Appears in Collections:工学院・工学研究院 (Graduate School of Engineering / Faculty of Engineering) > 雑誌発表論文等 (Peer-reviewed Journal Articles, etc)

Submitter: 峪 龍一

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