Park-and-ride lot choice model using random utility maximization and random regret minimization

This research aims to understand the park-and-ride (PNR) lot choice behaviour of users i.e., why PNR user choose one PNR lot versus another. Multinomial logit models are developed, the first based on the random utility maximization (RUM) concept where users are assumed to choose alternatives that have maximum utility, and the second based on the random regret minimization (RRM) concept where users are assumed to make decisions such that they minimize the regret in comparison to other foregone alternatives. A PNR trip is completed in two networks, the auto network and the transit network. The travel time of users for both the auto network and the transit network are used to create variables in the model. For the auto network, travel time is obtained using information from the strategic transport network using EMME/4 software, whereas travel time for the transit network is calculated using Google’s general transit feed specification data using a backward time-dependent shortest path algorithm. The involvement of two different networks in a PNR trip causes a trade-off relation within the PNR lot choice mechanism, and it is anticipated that an RRM model that captures this compromise effect may outperform typical RUM models. We use two forms of RRM models; the classical RRM and µRRM. Our results not only confirm a decade-old understanding that the RRM model may be an alternative concept to model transport choices, but also strengthen this understanding by exploring differences between two models in terms of model fit and out-of-sample predictive abilities. Further, our work is one of the few that estimates an RRM model on revealed preference data.

     

New insights on random regret minimization models

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 the sizes of the estimated taste parameters in combination with the distribution of attribute-values in the data. Motivated by this insight, this paper makes three methodological contributions: (1) it clarifies how the estimated taste parameters and the decision rule are related to one another; (2) it introduces the notion of “profundity of regret”, and presents a formal measure of this concept; and (3) it proposes two new family members of random regret minimization models: the μRRM model, and the Pure-RRM model. These new methodological insights are illustrated by re-analyzing 10 datasets which have been used to compare linear-additive RUM and classical RRM models in recently published papers. Our re-analyses reveal that the degree of regret minimizing behavior imposed by the classical RRM model is generally very limited. This insight explains the small differences in model fit that have previously been reported in the literature between the classical RRM model and the linear-additive RUM model. Furthermore, we find that on 4 out of 10 datasets the μRRM model improves model fit very substantially as compared to the RUM and the classical RRM model.     

Dominance among alternatives in random utility models

In many discrete choice contexts the actual choice set, including the alternatives effectively perceived and considered by the decision maker, may substantially differ from the universal choice set, including all available alternatives: one of the most relevant examples within transport demand simulation is probably the choice of destination, wherein the universal choice set normally includes hundreds of traffic zones. In these cases, proper simulation of the choice set is crucial for correct simulation of the choice context.In this regard, our paper has two main objectives. The first is to give a general contribution to choice set modelling by extending and applying the concept of dominance among alternatives to the framework of random utility theory. The main result is the definition of a methodology for the generation of new dominance attributes, which can be used in choice set modelling. The second aim is to make a specific contribution to destination choice modelling: dominance attributes are defined from the above methodology and introduced into this choice context, and new spatial variables reproducing better knowledge of zones with a privileged spatial position are also proposed. Methodology and attributes are tested both on synthetic and on real data.     

Confidence intervals of willingness-to-pay for random coefficient logit models

Random coefficient logit (RCL) models containing random parameters are increasingly used for modelling travel choices. Willingness-to-pay (WTP) measures, such as the value of travel time savings (VTTS) are, in the case of RCL models estimated in preference space, ratios of random parameters. In this paper we apply the Delta method to compute the confidence intervals of such WTP measures, taking into account the variance–covariance matrix of the estimates of the distributional parameters. The same Delta method can be applied when the model is estimated in WTP space. Compared to simulation methods such as proposed by Krinsky and Robb, the Delta method is able to avoid most of the simulations by deriving partly analytical expressions for the standard errors. Examples of such computations are shown for different combinations of random distributions.     

Product substitution and dual sourcing under random supply failures

Product substitution can mitigate supply chain disruptions. However, it may not be very effective without multiple sourcing. In this paper, we consider a supply chain with two downward substitutable products. The products can be ordered from an unreliable supplier or a reliable but more expensive supplier. It is found that in an optimal sourcing policy the higher-grade product should be preferred over the lower-grade product. A sufficient condition is given for an optimal policy where only the higher-grade product is dual-sourced. The effect of substitution is contrasted with the non-substitution case. Numerical study shows the impact of demand variability and correlation on the effect of product substitution and the corresponding optimal sourcing policy.     

Time-dependent fuzzy random location-scheduling programming for hazardous materials transportation

The tremendous use of hazardous materials has promoted the economic development, which also brings about a growing risk causing a widespread concern. In this work, we consider a location-scheduling problem on hazardous materials transportation under the assumption that transportation risks are time-dependent fuzzy random variables. First, we formulate a scheduling optimization model and design a fuzzy random simulation based genetic algorithm to optimize the departure time and dwell times for each depot–customer pair. Then we establish an expected value model and design a modified particle swarm optimization algorithm to minimize the en route risks and site risks. Finally, numerical examples are given to illustrate the effectiveness of the proposed models and algorithms.     

Specification issues in a generalised random parameters attribute nonattendance model

An extensive literature has recognised that when travel choices are made, only a subset of the attributes of the choice alternatives may be considered or attended to by each decision maker. Numerous econometric approaches have been employed to identify attribute nonattendance (ANA), with the most prevalent in the literature being an adaptation of the latent class model. However, the two latent class structures so far employed either incur a potentially very high parametric cost, or rely on an assumption that nonattendance is independent across all attributes. We present a generalised model that allows for an arbitrary degree of correlation of nonattendance across attributes. In the presented stated choice study investigating short haul flights, this generalised model outperforms the existing approaches. Like two recent papers, the model handles both ANA and preference heterogeneity by combining continuously distributed random parameters with latent classes. However, we present recommendations regarding a number of identification issues stemming from the combination of these two forms of random parameters not covered in those papers. Further, covariates can be introduced into our generalised model to allow insights to be gained into ANA behaviour. We investigate stated ANA as a covariate, and find inferred ANA rates to be more aligned with stated ANA responses than alternative methods.     

Traffic state estimation through compressed sensing and Markov random field

This study focuses on information recovery from noisy traffic data and traffic state estimation. The main contributions of this paper are: i) a novel algorithm based on the compressed sensing theory is developed to recover traffic data with Gaussian measurement noise, partial data missing, and corrupted noise; ii) the accuracy of traffic state estimation (TSE) is improved by using Markov random field and total variation (TV) regularization, with introduction of smoothness prior; and iii) a recent TSE method is extended to handle traffic state variables with high dimension. Numerical experiments and field data are used to test performances of these proposed methods; consistent and satisfactory results are obtained.     

Forecasting road traffic conditions using a context-based random forest algorithm

With the ability to accurately forecast road traffic conditions several hours, days and even months ahead of time, both travellers and network managers can take pro-active measures to minimise congestion, saving time, money and emissions. This study evaluates a previously developed random forest algorithm, RoadCast, which was designed to achieve this task. RoadCast incorporates contexts using machine learning to forecast more accurately contexts such as public holidays, sporting events and school term dates. This paper evaluates the potential of RoadCast as a traffic forecasting algorithm for use in Intelligent Transport System applications. Tests are undertaken using a number of different forecast horizons and varying amounts of training data, and an implementation procedure is recommended.     

Expanding the applicability of random regret minimization for route choice analysis

The discrete choice paradigm of random regret minimization (RRM) has been recently proposed in several choice contexts. In the route choice context, the paradigm has been used to model the choice among three routes and to formulate regret-based stochastic user equilibrium. However, in the same context the RRM literature has not confronted three major challenges: (i) accounting for similarities across alternative routes, (ii) analyzing choice set composition effects on choice probabilities, and (iii) comparing RRM-based models with advanced RUM-based models. This paper looks into RRM-based route choice models from these three perspectives by (i) proposing utility-based and regret-based correction terms to account for similarities across alternatives, (ii) analyzing the variation of choice set probabilities with the choice set composition, and (iii) comparing RRM-based route choice models with C-Logit, Path Size Logit and Paired Combinatorial Logit. The results illustrate the definition of the correction terms within the regret function, the effect of the choice set specificity of RRM-based route choice models, and the positive performance of these models when compared to advanced RUM-based models.     

Assuring finite moments for willingness to pay in random coefficient models

Random coefficient models such as mixed logit are increasingly being used to allow for random heterogeneity in willingness to pay (WTP) measures. In the most commonly used specifications, the distribution of WTP for an attribute is derived from the distribution of the ratio of individual coefficients. Since the cost coefficient enters the denominator, its distribution plays a major role in the distribution of WTP. Depending on the choice of distribution for the cost coefficient, and its implied range, the distribution of WTP may or may not have finite moments. In this paper, we identify a criterion to determine whether, with a given distribution for the cost coefficient, the distribution of WTP has finite moments. Using this criterion, we show that some popular distributions used for the cost coefficient in random coefficient models, including normal, truncated normal, uniform and triangular, imply infinite moments for the distribution of WTP, even if truncated or bounded at zero. We also point out that relying on simulation approaches to obtain moments of WTP from the estimated distribution of the cost and attribute coefficients can mask the issue by giving finite moments when the true ones are infinite.     

Modeling unobserved heterogeneity using finite mixture random parameters for spatially correlated discrete count data

Road segments with identical site-specific attributes often exhibit significantly different crash counts due to unobserved reasons. The extent of unobserved heterogeneity associated with a road feature is to be estimated prior to selecting the relevant safety treatment. Moreover, crash count data is often over-dispersed and spatially correlated. This paper proposes a spatial negative binomial specification with random parameters for modeling crash counts of contiguous road segments. The unobserved heterogeneity is incorporated using a finite multi-variate normal mixture prior on the random parameters; this allows for non-normality, skewness in the distribution of the random parameters, facilitates correlation across the random parameters, and relaxes any distributional assumptions. The model extracts the inherent groups of road segments with crash counts that are equally sensitive to the road attributes on an average; the heterogeneity within these groups is also allowed in the proposed framework. The specification simultaneously accounts for potential spatial correlation of the crash counts from neighboring road segments. A Gibbs sampling framework is proposed that leverages recent theoretical developments on data-augmentation algorithms, and elegantly sidesteps many of the computational difficulties usually associated with Bayesian inference of count models. Empirical results suggests the presence of two latent groups and spatial correlation within the study road network. Road features with significantly different effect on crash counts across two latent groups of road segments were identified.     

A random heaping model of annual vehicle kilometres travelled considering heterogeneous approximation in reporting

Transportation - Annual vehicle kilometres travelled (VKT) is a long used index of car use. Usually, the annual VKT, as reported by respondents, is used for the analysis. But the reported values...     

Multi-objective bilevel construction material transportation scheduling in large-scale construction projects under a fuzzy random environment

Abstract

This paper investigates a transportation scheduling problem in large-scale construction projects under a fuzzy random environment. The problem is formulated as a fuzzy, random multi-objective bilevel optimization model where the construction company decides the transportation quantities from every source to every destination according to the criterion of minimizing total transportation cost and transportation time on the upper level, while the transportation agencies choose their transportation routes such that the total travel cost is minimized on the lower level. Specifically, we model both travel time and travel cost as triangular fuzzy random variables. Then the multi-objective bilevel adaptive particle swarm optimization algorithm is proposed to solve the model. Finally, a case study of transportation scheduling for the Shuibuya Hydropower Project in China is used as a real world example to demonstrate the practicality and efficiency of the optimization model and algorithm.     

Transition choice probabilities and welfare analysis in random utility models with imperfect before–after correlation

Welfare in random utility models is used to be analysed on the basis of only the expectation of the compensating variation. De Palma and Kilani (De Palma, A., Kilani, K., 2011. Transition choice probabilities and welfare analysis in additive random utility models. Economic Theory 46(3), 427–454) have developed a framework for conditional welfare analysis which provides analytic expressions of transition choice probabilities and associated welfare measures. The contribution is of practical relevance in transportation because it allows to compute shares of shifters and non-shifters and attribute benefits to them in a rigorous way. In De Palma and Kilani (2011) the usual assumption of unchanged random terms before and after is made.The paper generalises the framework for conditional welfare analysis to cases of imperfect before–after association of the random terms. The joint before–after distribution of the random terms is introduced with postulated properties in terms of marginal distributions and covariance matrix. Analytic expressions, based on the probability density function and the cumulative distribution function of the joint before–after distribution, and simulation procedures for computation of the transition choice probabilities and the conditional expectations of the compensating variation are provided. Results are specialised for multinomial logit and probit. In the case without income effects, it is proved that the unconditional expectation of the compensating variation depends only on the marginal distributions.The theory is illustrated by a numerical example which refers to a multinomial logit applied to the choice of the transport mode with two specifications, one without and one with income effects. Results show that transition probabilities and conditional welfare measures are affected significantly by the assumption on the before–after correlation. The variability in the transition probabilities across transitions tends to decrease as the before–after correlation decreases. In the extreme case of independent random terms, the conditional expectations of the compensating variation tend to be close to the unconditional expectation.     

A random forests approach to prioritize Highway Safety Manual (HSM) variables for data collection

The Highway Safety Manual (HSM) recommends using the empirical Bayes method with locally derived calibration factors to predict an agency's safety performance. The data needs for deriving these local calibration factors are significant, requiring very detailed roadway characteristics information. Many of these data variables are currently unavailable in most of the agencies' databases. Furthermore, it is not economically feasible to collect and maintain all the HSM data variables. This study aims to prioritize the HSM calibration variables based on their impact on crash predictions. Prioritization would help to identify influential variables for which data could be collected and maintained for continued updates, and thereby reduce intensive data collection efforts. Data were first collected for all the HSM variables from over 2400 miles of urban and suburban arterial road networks in Florida. Using 5 years (2008–2012) of crash data, a random forests data mining approach was then applied to measure the importance of each variable in crash frequency predictions for five different urban and suburban arterial facilities including two‐lane undivided, three‐lane with a two‐way left‐turn lane, four‐lane undivided, four‐lane divided, and five‐lane with a two‐way left‐turn lane. Two heuristic approaches were adopted to prioritize the variables: (i) simple ranking based on individual relative influence of variables; and (ii) clustering based on relative influence of variables within a specific range. Traffic volume was found as the most influential variable. Roadside object density, minor commercial driveway density, and minor residential driveway density variables were the other variables with significant influence on crash predictions. Copyright © 2015 John Wiley & Sons, Ltd.     

A new random utility model with flexible correlation pattern and closed-form covariance expression: The CoRUM

This paper proposes a new random utility model characterised by a cumulative distribution function (cdf) obtained as a finite mixture of different cdfs. This entails that choice probabilities, covariances and elasticities of this model are also a finite mixture of choice probabilities, covariances and elasticities of the mixing models. As a consequence, by mixing nested logit cdfs, a model is generated with closed-form expressions for choice probabilities, covariances and elasticities and with, potentially, a very flexible correlation pattern. Importantly, the closed-form covariance expression opens up interesting application possibilities in some special choice contexts, like route choice, where prior expectations in terms of the covariance matrix can be formulated.     

Optimal allocation of limited and random network resources to discrete stochastic demands for standardized cargo transportation networks

We consider the resource allocation problem with discrete random demands and discrete random resource capacities for standardized cargo transportation networks, in which a freight operator needs to determine the integral quantity of booking requests to be accepted for each product to maximize the expected profit. We formulate the problem as a stochastic integer programming model and provide theoretical results that completely characterize the optimal solution to the stochastic model under a special case. We present a progressive augmentation algorithm and a sampling based method for solving the stochastic model under a general case. We also offer numerical experiments to test the two methods and shed light on their performances.     

A random utility maximization (RUM) based dynamic activity scheduling model: Application in weekend activity scheduling

The paper presents a modeling framework for dynamic activity scheduling. The modeling framework considers random utility maximization (RUM) assumption for its components in order to capture the joint activity type, location and continuous time expenditure choice tradeoffs over the course of the day. The dynamics of activity scheduling process are modeled by considering the history of activity participation as well as changes in time budget availability over the day. For empirical application, the model is estimated for weekend activity scheduling using a dataset (CHASE) collected in Toronto in 2002–2003. The data set classifies activities into nine general categories. For the empirical model of a 24-h weekend activity scheduling, only activity type and time expenditure choices are considered. The estimated empirical model captures many behavioral details and gives a high degree of fit to the observed weekend scheduling patterns. Some examples of such behavioral details are the effects of time of the day on activity type choice for scheduling and on the corresponding time expenditure; the effects of travel time requirements on activity type choice for scheduling and on the corresponding time expenditure, etc. Among many other findings, the empirical model reveals that on the weekend the utility of scheduling Recreational activities for later in the day and over a longer duration of time is high. It also reveals that on the weekend, Social activity scheduling is not affected by travel time requirements, but longer travel time requirements typically lead to longer-duration social activities.