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Title: Multidimensional Travel Decision-Making: Descriptive Behavioral Theory and Agent-Based Models
Accession Number: 01557882
Record Type: Component
Availability: Transportation Research Board Business Office 500 Fifth Street, NW Abstract: This paper explores a descriptive theory of multidimensional travel behavior, estimation of quantitative models, and demonstration in an agent-based microsimulation. A descriptive theory on multidimensional travel behavior is conceptualized. It theorizes multidimensional knowledge updating, search start/stopping criteria, and search/decision heuristics. These components are formulated or empirically modeled and integrated in a unified and coherent approach. The theory is supported by empirical observations and the derived quantitative models are tested by an agent-based simulation on a demonstration network. Based on artificially intelligent agents, learning and search theory, and bounded rationality, this paper makes an effort to build a sound theoretical foundation for the computational process approach and agent-based microsimulations. A pertinent new theory is proposed with experimental observations and estimations to demonstrate agents with systematic deviations from the rationality paradigm. Procedural and multidimensional decision-making are modeled. The numerical experiment highlights the capabilities of the proposed theory in estimating rich behavioral dynamics.
Supplemental Notes: This paper was sponsored by TRB committee ADB40 Transportation Demand Forecasting.
Monograph Title: Monograph Accession #: 01550057
Report/Paper Numbers: 15-4480
Language: English
Corporate Authors: Transportation Research Board 500 Fifth Street, NW Authors: Xiong, ChenfengChen, Xiqun (Michael)He, XiangZhang, LeiPagination: 20p
Publication Date: 2015
Conference:
Transportation Research Board 94th Annual Meeting
Location:
Washington DC, United States Media Type: Digital/other
Features: Figures; References; Tables
TRT Terms: Uncontrolled Terms: Subject Areas: Planning and Forecasting; Transportation (General); I72: Traffic and Transport Planning
Source Data: Transportation Research Board Annual Meeting 2015 Paper #15-4480
Files: TRIS, TRB, ATRI
Created Date: Dec 30 2014 1:28PM
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