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A Cumulative Perceived Value-Based Dynamic User Equilibrium Model Considering the Travelers’ Risk Evaluation on Arrival Time

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Abstract

This paper presents a cumulative perceived value-based dynamic user equilibrium model by applying the prospect theory to formulate the travelers’ risk evaluation on arrival time. The network uncertainty caused by link exit capacity degradation is incorporated into the analysis. The model which considers departure time and route choices simultaneously is expressed by a variational inequality in a discrete time space. Numerical results show that the travelers’ risk preference indeed has big influence on flow distribution. Our study constitutes a deepening of cognition in develo** more realistic dynamic traffic assignment technologies.

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Acknowledgements

The research described in this paper was substantially supported by grants from the National Natural Science Foundation of China (70821061, 70931160447), the National Basic Research Program of China (2006CB705503) and the BUAA Innovative Research Foundation for PhD students.

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  1. Li-Jun Tian

    Present address: School of Management, Fuzhou University, Fuzhou, 350108, People’s Republic of China

Authors and Affiliations

  1. School of Economics and Management, Beihang University, Bei**g, 100191, People’s Republic of China

    Li-Jun Tian & Hai-Jun Huang

  2. School of Traffic and Transportation, Bei**g Jiaotong University, Bei**g, 100044, People’s Republic of China

    Zi-You Gao

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  1. Li-Jun Tian
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  2. Hai-Jun Huang
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Correspondence to Hai-Jun Huang.

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Tian, LJ., Huang, HJ. & Gao, ZY. A Cumulative Perceived Value-Based Dynamic User Equilibrium Model Considering the Travelers’ Risk Evaluation on Arrival Time. Netw Spat Econ 12, 589–608 (2012). https://doi.org/10.1007/s11067-011-9168-5

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