2015 · Journal article

The Implications of Volatility in Day-to-Day Travel Flow and Road Capacity on Traffic Network Design Projects

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Abstract

This work addresses the traffic network design problem when day-to-day uncertainties in travel demand and link capacity are taken into account. Specifically, this work proposes a network design formulation that uses a strategic behavior approach in which total demand and link capacity are treated as random variables, and a strategic user equilibrium results in fixed equilibrium link proportions. The bilevel model is formulated, system performance metrics are derived, and a solution method is then developed according to a tailored genetic algorithm. Results under varying levels of volatility reflect possible suboptimal project selection when a deterministic modeling approach is used.

Cite this publication

Duell, M.D. and Waller, T.S. (2015). The Implications of Volatility in Day-to-Day Travel Flow and Road Capacity on Traffic Network Design Projects. Transportation Research Record: Journal of the Transportation Research Board 2498.1 (2015): 56-63. Web.

BibTeX
@misc{implications-volatility-day-day-travel-flow-and-road-capacity-traffic-network,
  title = {{The Implications of Volatility in Day-to-Day Travel Flow and Road Capacity on Traffic Network Design Projects}},
  author = {DUELL, M.D. and WALLER, T.S.},
  year = {2015},
  note = {Duell, M.D. and Waller, T.S. (2015). The Implications of Volatility in Day-to-Day Travel Flow and Road Capacity on Traffic Network Design Projects. Transportation Research Record: Journal of the Transportation Research Board 2498.1 (2015): 56-63. Web.},
  url = {https://www.sidrasolutions.com/learn/publications/implications-volatility-day-day-travel-flow-and-road-capacity-traffic-network}
}

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