(eBook PDF) Bounded Rational Choice Behaviour: Applications in Transport – Digital Ebook – Instant Delivery Download
Product details:
- ISBN-10 : 1784410721
- ISBN-13 : 978-1784410728
- Author: Soora Rasouli, Harry Timmermans
This book brings together frontier research in transportation and travel behaviour on the formulation and estimation of models of bounded rationality to analyse and predict various facets underlying daily activity-travel behaviour. Key behavioural principles and mechanisms relate to simplifying decision complexity by ignoring particular attributes, developing context and task-dependent mental representations, deriving decision heuristics, adding emotional aspects to cognitive assessments of choice options, regret-minimization, semi-compensatory decision rules based on mental effort and risk perception, learning and adaptation, satisfying decision rules and prospect theoretic approaches. The book is important reading for transportation researchers and professionals who are interested in the latest developments in transport demand forecasting. It offers historical reviews of the development of models of bounded rationality in this field of research, and a variety of new concepts and modelling approaches that should be inspirational to both new and experienced researchers in this field of research and application
Table contents:
Chapter 1 Models of Bounded Rationality under Certainty A Mixture of a Generalisation
Chapter 3 Relative Utility Modelling
Chapter 4 The Influence of Varying Information Load on Inferred Attribute NonAttendance
Chapter 5 The Heterogeneous Heuristic Modeling Framework for Inferring Decision Processes
Progress and Empirical Illustration for the Impact of Online Alternatives
Chapter 7 Towards a Novel Classifier for the Representation of Bounded Rationality in Models of Travel Demand
Chapter 8 Bounded Rationality in Dynamic Traffic Assignment
Chapter 9 Incorporating Bounded Rationality in a Model of Endogenous Dynamics of ActivityTravel Behaviour
Descriptive Behavioural Theory and AgentBased Models
Chapter 11 Prospect Theory and its Applications to the Modelling of Travel Choice
People also search:
example of bounded rationality in decision making
what is bounded rationality in decision making
what does bounded rationality mean
bounded rationality psychology
rational vs bounded rationality decision making