2010 Volume 51 Issue 2 Pages 77-81
This study focused on a method to evaluate the economic burden on passengers affected by rail transport disorder. The authors developed a choice model for passenger behavior in regard to the two major options of either taking an alternative route or waiting for train services to be resumed. The value of time during the period of disorder was calculated using a model parameter ratio involving the travel time and the applicable fare. We accordingly proposed a new evaluation index to indicate the economic loss as calculated by the product of the value of time and the total time lost by all passengers.