Boundedly rational route choice behavior: A review of models and methodologies

@article{Di2016BoundedlyRR,
  title={Boundedly rational route choice behavior: A review of models and methodologies},
  author={Xuan Di and Henry X. Liu},
  journal={Transportation Research Part B-methodological},
  year={2016},
  volume={85},
  pages={142-179}
}
  • Xuan Di, Henry X. Liu
  • Published 1 March 2016
  • Economics
  • Transportation Research Part B-methodological
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83 Citations
Highly Influential Citations
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Background Citations
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Methods Citations
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83 Citations

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This paper compares and criticizes the behavioral realism of traffic assignment models, and highlights an emerging positive modeling approach that incorporates empirically derived behavior rules in the analysis of route choice.
Second best toll pricing within the framework of bounded rationality
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BOUNDED RATIONALITY
Findings from behavioral organization theory, behavioral decision theory, survey research, and experimental economics leave no doubt about the failure of rational choice as a descriptive model of…
Models of Bounded Rationality under Certainty
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Indifference bands for boundedly rational route switching
The replacement I-35W bridge in Minneapolis saw less traffic than the original bridge though it provided substantial travel time saving for many travelers. This observation cannot be explained by the…
INCORPORATING BOUNDED RATIONALITY CONCEPT INTO ROUTE CHOICE MODEL FOR TRANSPORTATION NETWORK ANALYSIS
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