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Many behavioral and nonbehavioral models have been proposed to model pedestrian behavior. Among these, pedestrians’ decision processes have not been explicitly modeled. Utility-maximizing models have been prominently used, but these models may be misspecified owing to their unrealistic...
Persistent link: https://www.econbiz.de/10005456165
Although the principle of bounded rationality seems more realistic for formulating formal models of individual choice behaviour than traditional decision-outcome-based discrete choice models, existing studies have some limitations: (1) applications focus on the noncompensatory nature of the...
Persistent link: https://www.econbiz.de/10008483610