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This paper examines the cross-fertilizations of random utility models with the study of decision making under risk and uncertainty. We start with a description of the Expected Utility (EU) theory and then consider deviations from the standard EU frameworks, involving the Allais paradox and the...
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This paper examines the problems of peak period traffic congestion and the analysis of alternative congestion relief methods. It presents a dynamic model of the queues and delays at a single point of traffic congestion because there is ample evidence to suggest that the major delays to users...
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Early studies of peak-period traffic congestion generally ignored the departure time decision of road users. Vickrey (1969) and Kocur (1981) remedied this oversight by deriving the departure rate along a single route subject to queuing congestion as the outcome of individual utility...
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