Skip to main navigation Skip to search Skip to main content

Day-to-day rerouting modeling and analysis with absolute and relative bounded rationalities

  • Wenyi Zhang
  • , Zhengbing He*
  • , Wei Guan
  • , Geqi Qi
  • *Corresponding author for this work

Research output: Journal PublicationArticlepeer-review

17 Citations (Scopus)

Abstract

In contrast to a large number of studies in the route choice behavior with absolute bounded rationality, little concern is laid on that with relative bounded rationality which is hypothetically suggested in this paper and can also be an indispensable component of the bounded rationality. This study is conducted to investigate travelers’ day-to-day rerouting behaviors with the above two bounded rationalities. Along this line, an absolute and a relative boundedly rational swapping process (abbreviated as ABRSP and RBRSP, respectively) model are proposed in the frame of nonlinear pairwise swapping rule. It is found that both ABRSP and RBRSP show satisfactory properties. The numerical results suggest that ABRSP and RBRSP share some general similarity in macroscopic convergence, while still showing obvious distinctions in swapping process, and RBRSP cannot be approximated or substituted by ABRSP or its extensions. Therefore, the suggested relative bounded rationality, even if it is hypothetical, still deserves to be taken seriously.

Original languageEnglish
Pages (from-to)256-273
Number of pages18
JournalTransportmetrica A: Transport Science
Volume14
Issue number3
DOIs
Publication statusPublished - 16 Mar 2018
Externally publishedYes

Free Keywords

  • bounded rationality
  • Day-to-day dynamics
  • indifference band
  • route-swapping

ASJC Scopus subject areas

  • Transportation
  • General Engineering

Fingerprint

Dive into the research topics of 'Day-to-day rerouting modeling and analysis with absolute and relative bounded rationalities'. Together they form a unique fingerprint.

Cite this