This paper develops new methodological insights on Random Regret Minimization (RRM) models. It starts by showing that the classical RRM model is not scale-invariant, and that – as a result – the degree of regret minimization behavior imposed by the classical RRM model depends crucially on...

During the past 40 years, mobility patterns have enduringly changed several times as a result of the occurrence of a number “substantial changes”. Examples of such substantial changes are the rapid emergence of affordable air travel, the oil crises, and profound ICT developments. To most...