A recursive logit model with choice aversion and its application to transportation networks. (January 2022)
- Record Type:
- Journal Article
- Title:
- A recursive logit model with choice aversion and its application to transportation networks. (January 2022)
- Main Title:
- A recursive logit model with choice aversion and its application to transportation networks
- Authors:
- Knies, Austin
Lorca, Jorge
Melo, Emerson - Abstract:
- Abstract: We propose a recursive logit model which captures the notion of choice aversion by imposing a penalty term that accounts for the dimension of the choice set at each node of the transportation network. We make three contributions. First, we show that our model overcomes the correlation problem between routes, a common pitfall of traditional logit models, and that the choice aversion model can be seen as an alternative to these models. Second, we show how our model can generate violations of regularity in the path choice probabilities. In particular, we show that removing edges in the network may decrease the probability for existing paths. Finally, we show that under the presence of choice aversion, adding edges to the network can make users worse off. In other words, a type of Braess's paradox can emerge outside of congestion and can be characterized in terms of a parameter that measures users' degree of choice aversion. We validate these contributions by estimating this parameter over GPS traffic data captured on a real-world transportation network. Highlights: A recursive logit model which captures the notion of choice aversion in transportation networks is developed. Our model can overcome the overlapping paths problem. The recursive logit model with choice aversion generates violation of regularity and a Braess's-like paradox. We provide empirical evidence to support the hypothesis of choice aversion in transportation networks.
- Is Part Of:
- Transportation research. Volume 155(2022)
- Journal:
- Transportation research
- Issue:
- Volume 155(2022)
- Issue Display:
- Volume 155, Issue 2022 (2022)
- Year:
- 2022
- Volume:
- 155
- Issue:
- 2022
- Issue Sort Value:
- 2022-0155-2022-0000
- Page Start:
- 47
- Page End:
- 71
- Publication Date:
- 2022-01
- Subjects:
- D001 -- C00 -- C51 -- C61
Choice aversion -- Recursive logit -- IIA -- Directed networks -- Transportation networks
Transportation -- Research -- Periodicals
Transportation -- Mathematical models -- Periodicals - Journal URLs:
- http://www.elsevier.com/journals ↗
http://www.sciencedirect.com/science/journal/01912615 ↗ - DOI:
- 10.1016/j.trb.2021.10.011 ↗
- Languages:
- English
- ISSNs:
- 0191-2615
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - 9026.274610
British Library DSC - BLDSS-3PM
British Library HMNTS - ELD Digital store - Ingest File:
- 20358.xml