Multidimensional travel decision-making: Descriptive behavioural theory and agent-based models

Name: CHEN Xiqun ZJU Faculty Homepage
Department: ZJUI
Research: Intelligent Transportation Systems, Artificial Intelligence for Transportation, Transportation Simulation Optimization, Transportation Big Data Analytics, Shared Mobility
Document Type: Book Chapter

Chapter Title: Multidimensional travel decision-making: Descriptive behavioural theory and agent-based models
Author: Chenfeng Xiong, Xiqun Chen and Lei Zhang
Chapter: 10
Source Title: Bounded Rational Choice Behavior: Applications in Transport
Author/Author of Source: Soora Rasouli, Harry Timmermans
Publisher: Emerald Publishing Limited
P-ISBN: 9781784410728
E-ISBN: 9781784410711
Abstract: Based on artificially intelligent agents, learning and search theory, and bounded rationality, this chapter makes an effort to embed 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 modelled. The numerical experiment highlights the capabilities of the proposed theory in estimating rich behavioural dynamics.
DOI: https://doi.org/10.1108/978-1-78441-072-820151012

Database: Emerald
Link: https://www.emerald.com/books/edited-volume/13620/chapter/84323924/Multidimensi…