Abstract
In this paper, we study the boundedly rational route choice behavior under the Simon's satisficing rule. A laboratory experiment was carried out to verify the participants' boundedly rational route choice behavior. By introducing the concept of aspiration level which is specific to each person, we develop a novel model of the problem in a parallel-link network and investigate the properties of the boundedly rational user equilibrium (BRUE) state. Conditions for ensuring the existence and uniqueness of the BRUE solution are derived. A solution method is proposed to find the unique BRUE state. Extensions to general networks are conducted. Numerical examples are presented to demonstrate the theoretical analyses.
| Original language | English |
|---|---|
| Pages (from-to) | 22-37 |
| Number of pages | 16 |
| Journal | Transportation Research Part C: Emerging Technologies |
| Volume | 68 |
| DOIs | |
| State | Published - 1 Jul 2016 |
Keywords
- Bounded rationality
- Route choice
- Satisficing rule
- User equilibrium
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