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Cumulative prospect theory-based user equilibrium model with stochastic perception errors

  • Geological, Civil, Energy and Traffic Engineering
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Abstract

The cumulative prospect theory (CPT) is applied to study travelers’ route choice behavior in a degradable transport network. A cumulative prospect theory-based user equilibrium (CPT-UE) model considering stochastic perception error (SPE) within travelers’ route choice decision process is developed. The SPE is conditionally dependent on the actual travel time distribution, which is different from the deterministic perception error used in the traditional logit-based stochastic user equilibrium. The CPT-UE model is formulated as a variational inequality problem and solved by a heuristic solution algorithm. Numerical examples are provided to illustrate the application of the proposed model and efficiency of the solution algorithm. The effects of SPE on the reference point determination, cumulative prospect value estimation, route choice decision and network performance evaluation are investigated.

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Authors and Affiliations

  1. Key Laboratory of Urban Transportation Complex Systems Theory and Technology of Ministry of Education, Bei**g Jiaotong University, Bei**g, 100044, China

    Wei Wang  (王伟) & Hui-jun Sun  (孙会君)

Authors
  1. Wei Wang  (王伟)
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  2. Hui-jun Sun  (孙会君)
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Corresponding author

Correspondence to Hui-jun Sun  (孙会君).

Additional information

Foundation item: Project(2012CB725400) supported by the National Basic Research Program of China; Projects(71271023, 71322102) supported by the National Science Foundation of China; Project(2015JBM053) supported by the Fundamental Research Funds for the Central Universities, China

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Wang, W., Sun, Hj. Cumulative prospect theory-based user equilibrium model with stochastic perception errors. J. Cent. South Univ. 23, 2465–2474 (2016). https://doi.org/10.1007/s11771-016-3305-8

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  • DOI: https://doi.org/10.1007/s11771-016-3305-8

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