Sequential Route Choice Modeling Based on Dynamic Reference Points and Its Empirical Study
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 o...
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| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
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Wiley
2020-01-01
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| Series: | Discrete Dynamics in Nature and Society |
| Online Access: | http://dx.doi.org/10.1155/2020/8081576 |
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| _version_ | 1849473213789110272 |
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| author | Xueqin Long Chenxi Hou Shanshan Liu Yuejiao Wang |
| author_facet | Xueqin Long Chenxi Hou Shanshan Liu Yuejiao Wang |
| author_sort | Xueqin Long |
| collection | DOAJ |
| description | 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. |
| format | Article |
| id | doaj-art-d36aa6b485ce41119dfc0afb64df0a2f |
| institution | Kabale University |
| issn | 1026-0226 1607-887X |
| language | English |
| publishDate | 2020-01-01 |
| publisher | Wiley |
| record_format | Article |
| series | Discrete Dynamics in Nature and Society |
| spelling | doaj-art-d36aa6b485ce41119dfc0afb64df0a2f2025-08-20T03:24:14ZengWileyDiscrete Dynamics in Nature and Society1026-02261607-887X2020-01-01202010.1155/2020/80815768081576Sequential Route Choice Modeling Based on Dynamic Reference Points and Its Empirical StudyXueqin Long0Chenxi Hou1Shanshan Liu2Yuejiao Wang3Department of Traffic Engineering, College of Transportation Engineering, Key Laboratory of Transport Industry of Management Control and Cycle Repair Technology for Traffic Network Facilities in Ecological Security Barrier Area, Chang’an University, Xi’an, ChinaCollege of Transportation Engineering, Key Laboratory of Transport Industry of Management Control and Cycle Repair Technology for Traffic Network Facilities in Ecological Security Barrier Area, Chang’an University, Xi’an, ChinaCollege of Transportation Engineering, Key Laboratory of Transport Industry of Management Control and Cycle Repair Technology for Traffic Network Facilities in Ecological Security Barrier Area, Chang’an University, Xi’an, ChinaCollege of Transportation Engineering, Chang’an University, Xi’an, ChinaAiming 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.http://dx.doi.org/10.1155/2020/8081576 |
| spellingShingle | Xueqin Long Chenxi Hou Shanshan Liu Yuejiao Wang Sequential Route Choice Modeling Based on Dynamic Reference Points and Its Empirical Study Discrete Dynamics in Nature and Society |
| title | Sequential Route Choice Modeling Based on Dynamic Reference Points and Its Empirical Study |
| title_full | Sequential Route Choice Modeling Based on Dynamic Reference Points and Its Empirical Study |
| title_fullStr | Sequential Route Choice Modeling Based on Dynamic Reference Points and Its Empirical Study |
| title_full_unstemmed | Sequential Route Choice Modeling Based on Dynamic Reference Points and Its Empirical Study |
| title_short | Sequential Route Choice Modeling Based on Dynamic Reference Points and Its Empirical Study |
| title_sort | sequential route choice modeling based on dynamic reference points and its empirical study |
| url | http://dx.doi.org/10.1155/2020/8081576 |
| work_keys_str_mv | AT xueqinlong sequentialroutechoicemodelingbasedondynamicreferencepointsanditsempiricalstudy AT chenxihou sequentialroutechoicemodelingbasedondynamicreferencepointsanditsempiricalstudy AT shanshanliu sequentialroutechoicemodelingbasedondynamicreferencepointsanditsempiricalstudy AT yuejiaowang sequentialroutechoicemodelingbasedondynamicreferencepointsanditsempiricalstudy |