In this paper, we present a simulation-based investigation of the potential benefit of route-guidance information in the context of risk-sensitive travelers. We set up a simple two-route scenario where travelers are repeatedly faced with risky route-choice decisions. The risk averseness of the travelers is implicitly controlled through a generic utility function. We vary both the travelers' sensitivity toward risk and the equipment fraction with route-guidance devices and show that the benefits of guided travelers increase with their sensitivity toward risk.


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    Titel :

    A Model of Risk-Sensitive Route-Choice Behavior and the Potential Benefit of Route Guidance


    Beteiligte:
    Illenberger, J (Autor:in) / Flotterod, G (Autor:in) / Nagel, K (Autor:in)


    Erscheinungsdatum :

    01.06.2011


    Format / Umfang :

    196009 byte




    Medientyp :

    Aufsatz (Zeitschrift)


    Format :

    Elektronische Ressource


    Sprache :

    Englisch