A Departure Time Choice Model with Bounded Rationality

ICTIS 2013 ◽  
2013 ◽  
Author(s):  
Wenyun Tang ◽  
Lin Cheng ◽  
Zhaoming Chu
Keyword(s):  
Bounded Rationality ◽  
Choice Model ◽  
Departure Time ◽  
Departure Time Choice

scholarly journals Commuter Departure Time Choice Considering Parking Space Shortage and Commuter’s Bounded Rationality

2019 ◽  
Vol 2019 ◽  
pp. 1-7 ◽  
Author(s):  
Yunqiang Xue ◽  
Huishu Fan ◽  
Hongzhi Guan
Keyword(s):  
Prospect Theory ◽  
Bounded Rationality ◽  
Parking Space ◽  
The Road ◽  
Road Congestion ◽  
Practical Support ◽  
Departure Time ◽  
Parking Management ◽  
Departure Time Choice ◽  
Severe Punishment

In order to better understand how commuters decide departure time considering parking space shortage and commuters’ bounded rationality, the reference point hypothesis of prospect theory is applied in the departure time decision-making. Commuter personal perception differences, the road congestion situation, destination parking status, and other factors were also analysed in the influence of commuter departure time choice. Based on prospect theory, an experiment was designed to investigate the intention of the commuter departure time choice. The experiment results show that the commuter’s travel satisfaction and the departure time choice of the next trip are related to the parking space residual status after the commuter arrives at the destination. The satisfaction degree of the commuter is reduced, with the decrease of the remaining parking spaces. If the commuter is satisfied with the travel result, the commuter’s departure time of next trip tends to be later. In the case of illegal parking, different penalty measures may lead to different decisions of next departure time choice. A commuter tends to depart earlier when more severe punishment for illegal parking is enforced. The research results can reveal to some degree the travellers’ departure time choice behaviour when they face the risk of no parking spaces and provide a theoretical and practical support for parking management and car travelling decision.

scholarly journals ARRIVAL TIME VALUATION OF COMMUTERS IN URBAN RAIL TRANSIT

Transport ◽  
2019 ◽  
Vol 34 (3) ◽  
pp. 383-393
Author(s):  
Yan Cheng ◽  
Xiafei Ye ◽  
Zhi Wang
Keyword(s):  
Reference Point ◽  
Arrival Time ◽  
Choice Model ◽  
Urban Rail Transit ◽  
Rail Transit ◽  
Value Functions ◽  
Schedule Delay ◽  
Urban Rail ◽  
Departure Time ◽  
Departure Time Choice

Departure time choice of commuters is one of key decisions affecting the crowding of urban rail transit network during peak hours. It is influenced by arrival time value, the additional psychological pressure caused by in-vehicle crowding, and time uncertainty. This paper aims at investigating how commuters in urban rail transit value their arrival time at work/school. Three valuation frameworks are proposed based on the reference point approach of prospect theory. Non-linear value functions with different reference point alternatives are estimated using data from a survey and stated choice study of users of Shanghai Metro system. Results show that schedule delay with work/school start time as the only reference point cannot properly reflect the arrival time valuation of urban rail transit commuters. Instead, the valuation framework with preferred arrival time as a reference point fits best, which hits as much as 85.64% of the cases. The asymmetrical response to early-side and late-side arrivals is identified. The findings of this study provide an essential basis for the development of departure time choice model.

Analysis of Time Allocation, Departure Time, and Route Choice Behavior Under Congestion Pricing

2000 ◽  
Vol 1725 (1) ◽  
pp. 95-101 ◽  
Author(s):  
Toshiyuki Yamamoto ◽  
Satoshi Fujii ◽  
Ryuichi Kitamura ◽  
Hiroshi Yoshida
Keyword(s):  
Time Allocation ◽  
Choice Model ◽  
Stated Preference ◽  
Congestion Pricing ◽  
Route Choice ◽  
Multinomial Logit Model ◽  
Allocation Model ◽  
Departure Time ◽  
Departure Time Choice ◽  
Pricing Schemes

Driver behavior under congestion pricing is analyzed to evaluate the effects of alternative congestion pricing schemes. The analysis, which is based on stated preference survey results, focuses on time allocation, departure time choice, and route choice when a congestion pricing scheme is implemented on toll roads in Japan. A unique feature of the model system of this study is that departure time choice and route choice are analyzed in conjunction with the activities before and after the trip. A time allocation model is developed to describe departure time choice, and a route and departure time choice model is developed as a multinomial logit model with alternatives representing the choice between freeways and surface streets and, for departure time, the choice from among before, during, or after the period when congestion pricing is in effect. The results of the empirical analysis suggest that departing during the congestion pricing period tends to have higher utilities and that a worker and a nonworker have quite different utility functions. The comparative analysis of different congestion pricing schemes is carried out based on the estimated parameters. The results suggest that the probability of choosing each alternative is stable even if the length of the congestion pricing period changes, but a higher congestion price causes more drivers to change the departure time to before the congestion pricing period.

scholarly journals Day-to-day departure time choice under bounded rationality in the bottleneck model

2017 ◽  
Vol 23 ◽  
pp. 551-570 ◽  
Author(s):  
Ren-Yong Guo ◽  
Hai Yang ◽  
Hai-Jun Huang ◽  
Xinwei Li
Keyword(s):  
Bounded Rationality ◽  
Bottleneck Model ◽  
Departure Time ◽  
Departure Time Choice
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