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A Study on the Decision-Making Heterogeneity of Parking Mode Choice

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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.

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Correspondence to L. X. Wang .

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Li, X.H., Wang, L.X., Sun, X.H., Zuo, Z. (2019). A Study on the Decision-Making Heterogeneity of Parking Mode Choice. In: Zeng, X., Xie, X., Sun, J., Ma, L., Chen, Y. (eds) International Symposium for Intelligent Transportation and Smart City (ITASC) 2019 Proceedings. ITASC 2019. Smart Innovation, Systems and Technologies, vol 127. Springer, Singapore. https://doi.org/10.1007/978-981-13-7542-2_7

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  • DOI: https://doi.org/10.1007/978-981-13-7542-2_7

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  • Publisher Name: Springer, Singapore

  • Print ISBN: 978-981-13-7541-5

  • Online ISBN: 978-981-13-7542-2

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