Sequential route choice modeling based on dynamic reference points and its empirical study
Summary: Aiming at the influence of information, we investigate and analyze the sequential route choice behavior under dynamic reference points based on cumulative prospect theory in this paper. An experiment platform collecting the sequential route choices based on C/S structure is designed and four types of information are released to participants, respectively. Real-time travel time prediction methods are then proposed for travelers' decision-making. Using nonlinear regression method, the parameters of the value function and weight function of cumulative prospect theory are estimated under different types of information, respectively. It is found that travelers' behavior showed obvious characteristic of risk pursuit under the circumstance where real-time travel time information is released. Instead, when they have access to descriptive information, they tend to be more conservative.
- Study on the route choice behaviors based on interval travel time and reference points
- Travelers' day-to-day route choice behavior with real-time information in a congested risky network
- A hybrid model for driver route choice incorporating en-route attributes and real-time information effects
- Modelling drivers' compliance and route choice behaviour in response to travel information
- Considering en-route choices in utility-based route choice modelling
- Advances in prospect theory: cumulative representation of uncertainty
- Curvature of the Probability Weighting Function
- Estimating cumulative prospect theory parameters from an international survey
- scientific article; zbMATH DE number 3135430 (Why is no real title available?)
- Parameter-Free Elicitation of Utility and Probability Weighting Functions
- Prospect Theory: An Analysis of Decision under Risk
- Submission to the DTA 2012 special issue: On the stability of a boundedly rational day-to-day dynamic
- The Probability Weighting Function
- Considering en-route choices in utility-based route choice modelling
- Effects of countdown displays in public transport route choice under severe overcrowding
- Flexibility of transport choice in a real-option setting: an experimental case study
- Study on the route choice behaviors based on interval travel time and reference points
- Travelers' day-to-day route choice behavior with real-time information in a congested risky network
- Modelling drivers' compliance and route choice behaviour in response to travel information
This page was built for publication: Sequential route choice modeling based on dynamic reference points and its empirical study
Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q2183279)
