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Networks and Spatial Economics

, Volume 12, Issue 4, pp 589–608 | Cite as

A Cumulative Perceived Value-Based Dynamic User Equilibrium Model Considering the Travelers’ Risk Evaluation on Arrival Time

  • Li-Jun Tian
  • Hai-Jun Huang
  • Zi-You Gao
Article

Abstract

This paper presents a cumulative perceived value-based dynamic user equilibrium model by applying the prospect theory to formulate the travelers’ risk evaluation on arrival time. The network uncertainty caused by link exit capacity degradation is incorporated into the analysis. The model which considers departure time and route choices simultaneously is expressed by a variational inequality in a discrete time space. Numerical results show that the travelers’ risk preference indeed has big influence on flow distribution. Our study constitutes a deepening of cognition in developing more realistic dynamic traffic assignment technologies.

Keywords

Dynamic user equilibrium Cumulative prospect theory Cumulative perceived value Degradable network 

Notes

Acknowledgements

The research described in this paper was substantially supported by grants from the National Natural Science Foundation of China (70821061, 70931160447), the National Basic Research Program of China (2006CB705503) and the BUAA Innovative Research Foundation for PhD students.

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Copyright information

© Springer Science+Business Media, LLC 2011

Authors and Affiliations

  1. 1.School of Economics and ManagementBeihang UniversityBeijingPeople’s Republic of China
  2. 2.School of Traffic and TransportationBeijing Jiaotong UniversityBeijingPeople’s Republic of China

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