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On the value of distribution tail in the valuation of travel time variability
As a complement to current valuation research, this paper proposes the concept of the value of travel time distribution tail, which quantifies the value that travelers place on reducing the unexpected delay for hedging against travel time variability.
Travel time reliability in transportation networks: A review of methodological developments
The unavoidable travel time variability in transportation networks, resulted from the widespread supply side and demand side uncertainties, makes travel time reliability (TTR) be a common and core interest of all the stakeholders in transportation systems, including planners, travelers, service providers, and managers.
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