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...

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...

We describe recent progress in several areas related to endogeneity, including: choice set formation and attention to attributes; interactions among decision-makers; respondents' strategic behavior in answering stated preference choices; models of multiple discrete/continuous choice; distributions...