Abstract A variety of models are applied to study the decision-making process of decision-makers under the framework of behavioral decision theory. The fitting precision and power of interpreting reality may differ among models. In the present work, a mixed logit model, a prospect theory model and a random regret minimization model are applied to study parking mode choice behavior. The heterogeneity of decision rules among decision-makers is explored through a case study considering context-dependence. Results show that decision rules are different for different decision-makers in same decision situation, and decision-making rules for same decision-makers in different scenarios are also different. Thus, the decision-making groups can be demarcated according to different decision rules.
A Study on the Decision-Making Heterogeneity of Parking Mode Choice
International Symposium for Intelligent Transportation and Smart City (ITASC) 2019 Proceedings ; 74-83
2019-01-01
10 pages
Article/Chapter (Book)
Electronic Resource
English
Parking mode choice , Decision-making heterogeneity , Context-dependence , Group division , Behavioral decision theory Energy , Transportation , Transportation Technology and Traffic Engineering , Geotechnical Engineering & Applied Earth Sciences , Sustainable Development , Communications Engineering, Networks
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