Link-Based Route Choice considering Risk Aversion, Disappointment, and Regret
نویسندگان
چکیده
منابع مشابه
Regret Aversion and Dynamic Choice
This research looks into the possibility of bringing together two distinct and empirically successful areas of behavioural economics; regret aversion and quasi-hyperbolic discounting. Standard regret aversion theory (Loomes and Sugden 1982, Bell 1982) operates in a world of uncertainty, where regret aversion arises due to the possibility of, having made an initial choice, a more preferable opti...
متن کاملMinimising Regret in Route Choice
The use of reinforcement learning (RL) in multiagent scenarios is challenging. I consider the route choice problem, where drivers must choose routes that minimise their travel times. Here, selfish RL-agents must adapt to each others’ decisions. In this work, I show how the agents can learn (with performance guarantees) by minimising the regret associated with their decisions, thus achieving the...
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Reinforcement learning (RL) is a challenging task, especially in highly competitive multiagent scenarios. We consider the route choice problem, in which self-interested drivers aim at choosing routes that minimise their travel times. Employing RL here is challenging because agents must adapt to each others’ decisions. In this paper, we investigate how agents can overcome such condition by minim...
متن کاملThe Regret and Disappointment Scale: An instrument for assessing regret and disappointment in decision making
The present article investigates the effectiveness of methods traditionally used to distinguish between the emotions of regret and disappointment and presents a new method — the Regret and Disappointment Scale (RDS) — for assessing the two emotions in decision making research. The validity of the RDS was tested in three studies. Study 1 used two scenarios, one prototypical of regret and the oth...
متن کاملExpectation Reasoning Using Regret and Disappointment
A critical aspect of an agent system is the ability to deal with unexpected situations to determine an appropriate course of action in a changing environment. In this paper, we investigate the incorporation of the mental attitudes of regret and disappointment (which have been studied by economists using utility theory) into the agent’s reasoning system in order to improve its ability to deal wi...
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ژورنال
عنوان ژورنال: Transportation Research Record: Journal of the Transportation Research Board
سال: 2012
ISSN: 0361-1981,2169-4052
DOI: 10.3141/2322-13