• Title/Summary/Keyword: travel cost function

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Theory and Methods for the Evaluation of Environmental Resources (환경자원의 가치평가 이론과 주요 방법)

  • Kim, Joon-Soon
    • Journal of Forest and Environmental Science
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    • v.19 no.1
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    • pp.108-123
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    • 2003
  • The importance of environmental resources has been recognized over the world after Rio declaration(1992). so it is moved to monetarize environmental resources. The studies on the evaluation of nonmarket goods began also in the early 1990 in Korea. In practice the preliminary feasibility studies(PFS) are carried out since 1999 in case of major public investments projects. In PFS the Benefit-Cost analysis is practically used. which is considering the evaluation of environmental resources. But the methods for the evaluation have not been fixed up. In this study It is introduced to the theory and major methods for the evaluation of environmental resources. In the theory the evaluation is handled in aspect of demand function and supply function. The optimum level can be extracted from the two functions. In the method. travel cost method(TCM), hedonic price method(HPM) and contingent valuation method(CVM) are introduced according to the market structures.

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The assessment analysis of rail transit operation in Seoul metropolitan area (도시권 지하철.전철의 운행평가 분석)

  • Lim, Kang-Won
    • Journal of the Korean Operations Research and Management Science Society
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    • v.1 no.1
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    • pp.111-125
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    • 1976
  • This study investigates the one-year performance of the Seoul Metropolitan Rail Transit(SMRT) operation. It intends to provide a basic understanding for railway operation in Seoul Metropolitan Area and thereby for making rational transport policy. The paper is conceptually comprised of four sections; analysis of passenger travel characteristics; SMRT costing and traffic cost function: its operating characteristics in terms of finance and utilization; primary social benefits of SMRT and suggestions. In the first year of operation (1974), the average daily traffic was about 335,000, After the drastic increases of fare in both Subway and KNR rail-lines, the travel volume has been cut by almost 10 percent, though most pronounced on intra-Subway line. The spatial distribution of passengers indicates that travelers use the SMRT line mainly for uninterrupted direct travel toward the CBD. In the prospective costing, the opereting expenses are divided into three groups; those which vary directly with volume; those partially variable with volume; and those entirely unrelated to volume change, With this information, cost function was derived for varying schedules of operation. Primary social benefits of the SMRT are assessed, though preliminary. Account should be taken of the nature of common costs of the SMRT in fare-rate making, especially when much of the operating expenses are accounted for by the fixed costs such that the revenue may not readily turn into break-even. The accounting results of the one-year operation coincide reasonably well with the prospective costing estimates. According to the findings of this annd another travelers' behavior studies, managerial effort would bring more revenue gain to the SMRT than fare increase does, not to speak of greater social benefits by so doing.

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Development and Application of the Mode Choice Models According to Zone Sizes (분석대상 규모에 따른 수단분담모형의 추정과 적용에 관한 연구)

  • Kim, Ju-Yeong;Lee, Seung-Jae;Kim, Do-Gyeong;Jeon, Jang-U
    • Journal of Korean Society of Transportation
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    • v.29 no.6
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    • pp.97-106
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    • 2011
  • Mode choice model is an essential element for estimating- the demand of new means of transportation in the planning stage as well as in the establishment phase. In general, current demand analysis model developed for the mode choice analysis applies common parameters of utility function in each region which causes inaccuracy in forecasting mode choice behavior. Several critical problems from using common parameters are: a common parameter set can not reflect different distribution of coefficient for travel time and travel cost by different population. Consequently, the resulting model fails to accurately explain policy variables such as travel time and travel cost. In particular, the nonlinear logit model applied to aggregation data is vulnerable to the aggregation error. The purpose of this paper is to consider the regional characteristics by adopting the parameters fitted to each area, so as to reduce prediction errors and enhance accuracy of the resulting mode choice model. In order to estimate parameter of each area, this study used Household Travel Survey Data of Metropolitan Transportation Authority. For the verification of the model, the value of time by marginal rate of substitution is evaluated and statistical test for resulting coefficients is also carried out. In order to crosscheck the applicability and reliability of the model, changes in mode choice are analyzed when Seoul subway line 9 is newly opened and the results are compared with those from the existing model developed without considering the regional characteristics.

A Production-Based Approach to Travel Choice Modeling (생산기반 가정아래서의 통행선택행위분석)

  • Mun, Dong-Ju
    • Journal of Korean Society of Transportation
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    • v.25 no.5
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    • pp.209-231
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    • 2007
  • This paper suggested an approach to characterize travel choice behaviors using the implicit price instead of the indirect utility. The choice criterion to compare the implicit prices of available trip options was developed from the utility maximization problem of a trip maker which is supposed to choose the best option from the available ones differentiated by only by the quantitative attributes such as travel cost and time but also by qualitative attributes such as comfort and safety. The utility maximization problem is constructed under household production theory, and is incorporated with a special kind of joint homogeneous production functions. The implicit price of a certain trip option is the sum of the monetary price and the multiple of travel time and the value-of-travel-time, and the value-of-travel-time refers to the portion of wage, which can be assignable to the trip-making activity. This choice criterion is statistically identifiable, and behaviorally plausible. Moreover, this criterion has the expression simpler than the indirect utility, and therefore could be an effective target of the statistical estimation for travel choice behaviors.

Estimation of optimal price of freeway traffic information using a price-sensitivity analysis (가격민감도 기법을 이용한 고속도로 교통정보의 적정가치 산정 연구)

  • Lee Eui-Eun;Kim Jun-Jung
    • The Journal of The Korea Institute of Intelligent Transport Systems
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    • v.2 no.1 s.2
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    • pp.85-92
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    • 2003
  • Due to the expansion of freeway networks in Korea, drivers have more routes to choose. Traffic information on various alternative roadway sections and routes may help drivers choose the optimal route that minimizes travel time or cost. Traffic information on roadways is, therefore, invaluable in sense that individual drivers could reduce their travel time or cost by selecting optimal routes, and furthermore total travel cost of the system could be lowered. However, consensus about the price of traffic information that drivers are willing to pay is not made yet. Current price of traffic information is decided according to the price of similar information such as stock, weather and so on. To investigate the value of traffic information, a survey was conducted at freeway rest areas near Seoul Megalopolis area including Kyunggi Province. Eight hundred drivers who had travelled on freeway within a year were randomly selected. Purposive Quota Sampling was used. A price-response function, a relationship between price and sales, was obtained based on the survey, followed by sensitivity analysis

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A Study on Improvement of Gravity model Decay Function of Transporting Demand Forecasting Considering Space Syntax (Space Syntax를 이용한 교통수요예측의 중력모형 저항함수의 개선방안)

  • Jang, Jin-Young
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.20 no.3
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    • pp.617-631
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    • 2019
  • In the four-step demand model, a gravity mode is used most commonly at the trip distribution stage. The purpose of this study was to develop a new friction factor that can express the accessibility property as a single friction factor to compensate for the variable limits of the gravity model parameters (travel time, travel cost). To derive a new friction factor, a new friction factor was derived using the space syntax that can quantify the characteristics of the urban space structure, deriving the link-unit integration degree and then using the travel time and travel distance relationship. Calibration of the derived friction factor resulted in a similar level to that of the existing friction factor. As a result of verifying the various indicators, the explanatory power was found to be excellent in the short - and long - distance range. Therefore, it is possible to derive and apply the new friction factor using the integration index, which can complement the accessibility beyond the limit of the existing shortest distance, and it is believed to be more advantageous in future utilization.

Development and Implementation of a 2-Phase Calibration Method for Gravity Model Considering Accessibility (접근성 지표를 도입한 중력모형의 2단계 정산기법 개발 및 적용)

  • CHOI, Sung Taek;RHO, Jeong Hyun
    • Journal of Korean Society of Transportation
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    • v.33 no.4
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    • pp.393-404
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    • 2015
  • Gravity model has had the major problem that the model explains the characteristics of travel behavior with only deterrence factors such as travel time or cost. In modern society, travel behavior can be affected not only deterrence factors but also zonal characteristics or transportation service. Therefore, those features have to be considered to estimate the future travel demand accurately. In this regard, there are two primary aims of this study: 1. to identify the characteristics of inter-zonal travel, 2. to develop the new type of calibration method. By employing accessibility variable which can explain the manifold pattern of trip, we define the zonal travel behavior newly. Furthermore, we suggest 2-phase calibration method, since existing calibration method cannot find the optimum solution when organizing the deterrence function with the new variables. The new method proceeds with 2 steps; step 1.estimating deterrence parameter, step 2. finding balancing factors. The validation results with RMSE, E-norm, C.R show that this study model explains the inter-zonal travel pattern adequately and estimate the O/D pairs precisely than existing gravity model. Especially, the problem with estimation of short distance trip is overcomed. In conclusion, it is possible to draw the conclusion that this study suggests the possibility of improvement for trip distribution model.

A Study on Mixed RP/SP Models of Demand Forecasting for Rail Rapid Transit (급행철도 수요예측을 위한 RP와 SP 결합모형에 관한 연구)

  • Bae, Choon Bong;Jung, Byung Doo;Hwang, Young Ki;Kim, Hyun
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.31 no.5D
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    • pp.671-677
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    • 2011
  • A diversity of railway network function enhancement projects such as the double tracking, electrification, and direct operation have been actively executed to improve the railway service. When the new rapid transit is provided, how many people will use it instead of other transports? How will the railway choice behavior be changed? Accordingly, in this paper, the applicability of diverted travel demand forecast methods, by Revealed Preference(RP) and Stated Preference(SP) data was reviewed for Daegu metropolitan rail rapid transit service. As the result of combining RP and SP data, including the sequential and simultaneous approach, the total travel time and travel cost parameters are of the right sign and are highly significant. The simultaneous approach is more efficient in terms of the estimation of coefficients. In particular, methods to improve validity of the Mixed RP/SP models, when RP data is used proportionally, the diverted travel demand can be easily identified by railway fare and travel time service level. Therefore, it is considered that this will practically apply even in other regions as well as Daegu metropolitan railway.

Designing Stacking Facilities of Pyramid Type (피라미드 형태의 적재장 최적 설계)

  • Park, Twae Kyung;Kim, Kap Hwan
    • Journal of Korean Institute of Industrial Engineers
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    • v.33 no.2
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    • pp.227-236
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    • 2007
  • This paper proposes a method for designing stacking warehouses of pyramid type which can be found in storage rooms for steel coils, paper rolls, and drums for oils. Formulas were derived for estimating the expected travel time of cranes and the expected time for rehandling activities. Based on the derived formulas, this study derives the cost function for determining the optimal numbers of rows, bays, tiers of stacks under the condition that the requirement for storage space is satisfied. Numerical examples were given.

The Method of Deciding Design Level of Service with Optimal User Cost (사용자비용최적화를 통한 도로 설계서비스수준 산정방안)

  • 장재남;이용택;김호덕;장명순
    • Journal of Korean Society of Transportation
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    • v.18 no.2
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    • pp.17-26
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    • 2000
  • LOS(Level of Service), the qualitative measure describing operational condition of highway, must be evaluated as quantative index in terms of user service. So, This study is focused on developing the user cost function that user cost is measured in the variation of V/C, MOE(Measure of Effectiveness) of LOS in basic Section of highway. The user cost is calculated as the sum of accident cost, operation cost, travel time cost. The data is collected in the four basic section of Singal-Ansan and Jung bu Highway. As the result of user cost function analysis, the user cost is the lowest When V/C is 0.54. Considering the V/C ratio(0.7) of Basic Section in rural highway suggested in KHCM, We find out that the LOS suggested KHCM increase the user cost of highway.

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