Travel Choice Analysis under Metro Emergency Context: Utility? Regret? Or Both?

Spatial choice: a matter of utility or regret?

This paper provides an empirical comparison between utility-maximization and regretminimization perspectives of spatial-choice behaviour. The key difference between these two perspectives is that the regret-minimization perspective implies that the anticipated satisfaction associated with a chosen spatial alternative depends on the anticipated performance of nonchosen alternatives. In order to ...

Random Utility-Based Discrete Choice Models for Travel Demand Analysis

Risk Aversion in Travel Mode Choice with Rank-Dependent Utility

Risk Aversion in Travel Mode Choice with Rank-Dependent Utility MATTHIEU DE LAPPARENT a & MOSHE BEN-AKIVA b a Institut français des sciences et technologies des transports, de l'aménagement et des réseaux-IFSTTAR, Université Paris-Est , France b Department of Civil and Environmental Engineering , Massachusetts Institute of Technology , Cambridge , Massachusetts , USA Published online: 03 Nov 2014.

Regret, Choice, and Outcome

In two studies we challenged the well consolidated position in regret literature according to which the necessary condition for the emergence of regret is a bad outcome ensuing from free decisions. Without free choice, and, consequently, personal responsibility, other emotions, such as disappointment, but not regret, are supposed to be elicited. In our opinion, a main source of regret is being ...

Risk Route Choice Analysis and the Equilibrium Model under Anticipated Regret Theory

The assumption about travellers’ route choice behaviour has major influence on the traffic flow equilibrium analysis. Previous studies about the travellers’ route choice were mainly based on the expected utility maximization theory. However, with the gradually increasing knowledge about the uncertainty of the transportation system, the researchers have realized that there is much constraint in ...