Highlights Introduced the rational inattention model to the route choice problem. Developed a generalized model for studying network equilibrium with imperfect information. The information has large impact on travel behavior. Compared the rationally inattentive user equilibrium (RIUE) model with the classical stochastic user equilibrium (SUE) model.

    Abstract This paper sets up a rational inattention model for the route choice problem in a stochastic network where travelers face random travel time. Previous research has assumed that travelers incorporate all provided information without effort. This study assumes that information is costly and that travelers rationally choose how much information to acquire prior to choosing route. We begin with a single traveler and then extend the model to heterogeneous travelers where rationally inattentive user equilibrium (RIUE) is achieved. From the perspective of a single traveler, more information always reduces the impact of travel time variability and increases the probability of choosing a less costly route. However, in RIUE, more information may reduce the social welfare in some scenarios.


    Access

    Check access

    Check availability in my library

    Order at Subito €


    Export, share and cite



    Title :

    Route choice, travel time variability, and rational inattention


    Contributors:


    Publication date :

    2019-05-27


    Size :

    20 pages




    Type of media :

    Article (Journal)


    Type of material :

    Electronic Resource


    Language :

    English




    Analysis of Travel Mode Choice Behavior Based on Rational Inattention Theory

    Sun, Shu-Min / Zhao, Chuan-Lin / He, Shao-Song et al. | ASCE | 2022


    INATTENTION DETERMINATION DEVICE, INATTENTION DETERMINATION SYSTEM, INATTENTION DETERMINATION METHOD, AND STORAGE MEDIUM

    SAKUMA NANA / TSUKAHARA HIDENORI / SHIMIZU YUTA | European Patent Office | 2019

    Free access

    Route choice decision under travel time uncertainty

    de Palma, André / Picard, Nathalie | Elsevier | 2004


    Route choice decision under travel time uncertainty

    de Palma, André | Online Contents | 2005


    Route choice decision under travel time uncertainty

    de Palma, A. / Picard, N. / International Association for Travel Behaviour Research | British Library Conference Proceedings | 2004