Chapter
Jun 29, 2016
A Regret Theory-Based Combined Trip Distribution and Traffic Assignment Model
Publication: CICTP 2016
Abstract
The assumption of route choice behavior plays an essential role in various traffic assignment models. Regret theory (RT) that assumes travelers being regret averse, might be more reasonable and realistic than the traditional utility maximization theory. Using RT, we develop a new combined trip distribution and traffic assignment model in this paper. The model is formulated as a variational inequality and solved by a path-based algorithm with the use of the method of successive averages. A numerical study is conducted for illustrating the difference between results given by the proposed model and the traditional model. It is shown that regret aversion indeed influences the travelers’ route choice behavior.
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Published In
CICTP 2016
Pages: 2116 - 2127
Copyright
© 2016 American Society of Civil Engineers.
History
Published online: Jun 29, 2016
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School of Economics and Management, Beihang Univ., Xueyuan Rd. No.37, Beijing 100191. E-mail: [email protected]
School of Economics and Management, Beihang Univ., Xueyuan Rd. No.37, Beijing 100191. E-mail: [email protected]
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ASCE Library Cards let you download journal articles, proceedings papers, and available book chapters across the entire ASCE Library platform. ASCE Library Cards remain active for 24 months or until all downloads are used. Note: This content will be debited as one download at time of checkout.
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