A Rank Dependent Scheduling Model

Abstract

This paper proposes an analytical framework for scheduling decisions of road travelers that takes into account probability weighting using rank dependent utility theory. The fundamental difference with the standard scheduling model based on expected utility is that the probabilities of arrivals are treated in a non-linear way. This paper shows how… (More)

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@inproceedings{Koster2010ARD, title={A Rank Dependent Scheduling Model}, author={Paul Koster and Erik Verhoef}, year={2010} }