An experimental study on cumulative prospect theory learning model of travelers’ dynamic mode choice under uncertainty

In this paper, we examined travelers’ dynamic mode choice behavior under travel time variability. We found travelers’ inconsistent risk attitudes through a binary mode choice experiment. Although the results deviated from the traditional utility maximization theory and could not be explained by the...

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Bibliographic Details
Main Authors: Chao Yang, Binbin Liu, Lianyan Zhao, Xiangdong Xu
Format: Article
Language:English
Published: KeAi Communications Co., Ltd. 2017-06-01
Series:International Journal of Transportation Science and Technology
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2046043017300023