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traffic information on traveller behaviour. Specifically, we distinguish between the marginal impact of expected travel times …-phone with traffic information as a reward in our experiment respond to the deviation of actual travel times from the expectation …, which they did not do before. This we interpret as evidence that traffic information indeed affects behaviour. We also find …
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the last decade large efforts have been made to increase the availability of information to travelers by means of advanced … traveler information systems (ATIS). This paper reviews economic aspects of information in transport markets. First, I will … discuss information acquisition from an economics perspective by characterizing costs and benefits of information, leading to …
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