Route choice model based on cellular automata and cumulative prospect theory

Author:

Yang Liu12,Li Ao3

Affiliation:

1. The Department of Finance, Sanquan College of Xinxiang Medical University, Xinxiang, Henan, China

2. College of Bussniss Administration, University of the Cordilleras, Baguio, Baguio, Philippines

3. Economics College, Renmin University of China, Beijing, China

Abstract

In order to investigate the impact of travelers’ adaptive adjustment behaviors on traffic network flow diversion under the assumption of bounded rationality, a multi-agent route choice model with individual interaction mechanism is established by using cumulative prospect theory and evolutionary cellular automata. In the model, travelers are divided into risk-seeking and risk-aversion ones. Based on the reliability of travel time and the idea of cellular genetic algorithm, the dynamic reference points and their evolution rules for travelers with heterogeneous characteristics are designed to enable individual travelers dynamically adjust their travel time budget according to the changes in the decision-making environment. Finally, the evolution rule of multi-agent reference points is combined with the traditional method of successive average algorithm to design the multi-agent bounded rational route choice evolution algorithm for the solving the problem of traffic flow assignment in a road network. The research main contributions show that the evolution model has well inherited the characteristics of the route flow diversion in the traditional model.

Publisher

IOS Press

Subject

Artificial Intelligence,General Engineering,Statistics and Probability

Reference19 articles.

1. Behavioral model of rational choice[J];Simon;Quarterly Journal of Economics,1955

2. Risk, Ambiguity and the savage axioms[J];Ellsberg;Quarterly Journal of Economics,1961

3. Sensitivity to travel time variability; travelers learning perspective[J];Avineri;Transportation Research Part C,2005

4. Prospect theory: An analysis of decision under risk[J];Kahneman;Econometrica,1979

5. Advances in prospect theory: Cumulative representation of uncertainty[J];Tversky;Risk Uncertainty,1992

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