Stated choices and simulated experiences: Differences in the value of travel time and reliability

Fayyaz, Muhammad; Bliemer, Michiel C.J.; Beck, Matthew J.; Hess, Stephane; Lint, Hans van

doi:10.1016/j.trc.2021.103145

Cited by 8 publications

(4 citation statements)

References 55 publications

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“…where b w r can be calculated by Equation (14). The random term ε w r is assumed to be identically and independently distributed (i.i.d.)…”

Section: Equilibrium Model and VI Formulationmentioning

confidence: 99%

“…Step 3 (flow assignment): Set the auxiliary route flow y w(n) r , which can be yielded by Equations ( 13) and (14).…”

Section: Solution Algorithmmentioning

confidence: 99%

“…Shen et al developed a reliability-based user equilibrium model to model network traffic assignment at signalized intersections, in which link travel time and wait time at intersections are assumed to follow normal distributions [13]. Fayyaz et al (2021) introduced an incentive compatible driving simulator experiment to make participants experience the travel time of the used route and pay the cost with respect to a tolled road. Their experiment results indicate that travelers pay more attention to travel time reliability compared to travel time [14].…”

Section: Introductionmentioning

confidence: 99%

“…Fayyaz et al (2021) introduced an incentive compatible driving simulator experiment to make participants experience the travel time of the used route and pay the cost with respect to a tolled road. Their experiment results indicate that travelers pay more attention to travel time reliability compared to travel time [14]. Furthermore, prospect theory-based and regret theory-based route choice models with travel time reliability were also developed to describe travelers' route choice behavior and network performance [15][16][17][18][19][20][21].…”

Section: Introductionmentioning

confidence: 99%

See 3 more Smart Citations

A Reliability-Based Traffic Equilibrium Model with Boundedly Rational Travelers Considering Acceptable Arrival Thresholds

Wang

Zhao²,

et al. 2023

Sustainability

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This paper examines the effects of boundedly rational decision characteristics on travelers’ route choice behavior. The concept of boundedly rational confidence level (BRCL) is redefined, which is the probability that a trip arrives between the acceptable earliest arrival time and the acceptable latest arrival time on the shortest travel time budget (TTB). Mathematically, the acceptable boundedly rational arrival thresholds are proposed. Then, a reliability-based boundedly rational traffic equilibrium model (R-BRTE) considering both travel time reliability and acceptable arrival thresholds is developed. Moreover, the equivalent variational inequality problem and uniqueness of solution on the proposed model are proved. A route-based solution algorithm is used to solve the proposed R-BRTE model. Numerical results present the important decision ideas of the proposed model. The results demonstrate that travelers’ bounded rationality has a great impact on their route choice behavior and network performance.

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“…where b w r can be calculated by Equation (14). The random term ε w r is assumed to be identically and independently distributed (i.i.d.)…”

Section: Equilibrium Model and VI Formulationmentioning

confidence: 99%

“…Step 3 (flow assignment): Set the auxiliary route flow y w(n) r , which can be yielded by Equations ( 13) and (14).…”

Section: Solution Algorithmmentioning

confidence: 99%