Bounded rationality in hyperpath assignment: the locally rational traveller model.
(2010)
Presentation / Conference Contribution
Fonzone, A., & Bell, M. G. H. (2010). Bounded rationality in hyperpath assignment: the locally rational traveller model. In Transportation Research Board 89th Annual Meeting compendium of papers DVD
The concepts of optimal strategy and hyperpath were introduced in the transport field under the paradigms of equilibrium and expected utility theory, which assume perfect rationality. The initial scope for hyperpaths was frequency-based transit assig... Read More about Bounded rationality in hyperpath assignment: the locally rational traveller model..