Reference-Dependent Stochastic User Equilibrium with Endogenous Reference Points

@inproceedings{Site2013ReferenceDependentSU,
  title={Reference-Dependent Stochastic User Equilibrium with Endogenous Reference Points},
  author={Paolo Delle Site and Francesco Filippi and Claudia Castaldi},
  year={2013}
}
We consider the application of reference-dependent consumer choice theory to traffic assignment on transportation networks. Route choice is modelled based on random utility maximisation with systematic utility embodying loss aversion for the travel time and money expenditure attributes. Stochastic user equilibrium models found in the literature have… CONTINUE READING