Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/86726 
Year of Publication: 
2010
Series/Report no.: 
Tinbergen Institute Discussion Paper No. 10-061/3
Publisher: 
Tinbergen Institute, Amsterdam and Rotterdam
Abstract: 
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.
Subjects: 
value of reliability
scheduling
travel time variability
airport accessibility
airport choice
JEL: 
R41
L91
L93
D61
Document Type: 
Working Paper

Files in This Item:
File
Size
351.82 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.