Jan-Dirk Schmoecker
Decision principles for routing strategies: games against nature and demons.
Schmoecker, Jan-Dirk; Fonzone, Achille
Abstract
In this paper we firstly review general decision principles under uncertainty and apply them to route choice decisions. Risk-averse behaviour leads to the description of route choice a game. The difference between games against demons and nature are pointed out by distinguishing when disruptions on the chosen route might be related to the traveller’s behaviour or not. It is argued that in many cases the traveller has some (limited) information about the connection between attack likelihood and routing, meaning that pure games against demons are rare for practical applications. The paper therefore extends the game theoretic literature on route choice by formulating a generalised model. The model allows for games against multiple demons and consideration that some links might be safer than others. It is shown that games against nature and the Bell (2007) model can be derived as limiting cases. Results are illustrated with an example network.
Citation
Schmoecker, J.-D., & Fonzone, A. (2015). Decision principles for routing strategies: games against nature and demons. Asian transport studies, 3(4), 362-377. https://doi.org/10.11175/eastsats.3.362
Journal Article Type | Article |
---|---|
Publication Date | 2015 |
Deposit Date | Dec 7, 2015 |
Publicly Available Date | Dec 31, 2015 |
Electronic ISSN | 2185-5560 |
Peer Reviewed | Peer Reviewed |
Volume | 3 |
Issue | 4 |
Pages | 362-377 |
DOI | https://doi.org/10.11175/eastsats.3.362 |
Keywords | Risk-aversion; Game Theory; Route Choice; Incident Information; |
Public URL | http://researchrepository.napier.ac.uk/id/eprint/9369 |
Publisher URL | http://doi.org/10.11175/eastsats.3.362 |
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Copyright Statement
This an open-access article distributed under the terms of the Creative Commons Attribution 4.0 International License (CC BY 4.0).
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