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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
Washington, DC 20001 United States

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 Accession #:

01550057

Report/Paper Numbers:

15-4480

Language:

English

Corporate Authors:

Transportation Research Board

500 Fifth Street, NW
Washington, DC 20001 United States

Authors:

Xiong, Chenfeng
Chen, Xiqun (Michael)
He, Xiang
Zhang, Lei

Pagination:

20p

Publication Date:

2015

Conference:

Transportation Research Board 94th Annual Meeting

Location: Washington DC, United States
Date: 2015-1-11 to 2015-1-15
Sponsors: Transportation Research Board

Media Type:

Digital/other

Features:

Figures; References; Tables

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