Chapter
Oct 9, 2014
Path Choice Behavior in Peak Travel Periods Based on the Prospect Theory
Authors: Jiong Dai and Lingjuan ChenAuthor Affiliations
Publication: ICLEM 2014: System Planning, Supply Chain Management, and Safety
Abstract
In order to study commuters' dynamic travel behavior in the peak travel period, the prospect theory is used to analyze the path choice process of commuters. This paper divides the peak travel period into several parts, using commuters' travelling time as a reference point and establishes the value function. The value of routes' prospect and the LOGIT model are used to compute the route choice probability. Finally, an example combined with the algorithm is adopted to make a comment on the model.
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© 2014 American Society of Civil Engineers.
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Published online: Oct 9, 2014
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Jiong Dai
Academy of Automobile and Traffic Engineering; Wuhan University of Science and Technology, Hubei, Wuhan, 430081
Lingjuan Chen
Academy of Automobile and Traffic Engineering; Wuhan University of Science and Technology, Hubei, Wuhan, 430081
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Terms of Use: ASCE Library Cards are for individual, personal use only. Reselling, republishing, or forwarding the materials to libraries or reading rooms is prohibited.