Modelling travellers’ risky choice in a revealed preference context: a comparison of EUT and non-EUT approaches

Recent work on risky choice modelling has sought to address the shortcomings of expected utility theory (EUT) by using non-expected utility theoretic (non-EUT) approaches. However, to date these approaches have been merely tested on stated choice data which is flexible and cheap. In this study, we empirically investigate the feasibility and validity of non-EUT approaches in a revealed preference (RP) context in which travel time distribution is extracted from observed historical travel time data, and subsequently present systematic comparisons between EUT, weighted utility theory, rank-dependent expected utility theory, and prospect theory (PT). The empirical evidence indicates that each non-EUT model has important behavioural insights to offer, moreover, EUT as well as non-EUT models can be applied to the RP context. However, the EUT and non-EUT model fits are generally similar with only PT providing a marginally improved model fit over EUT. The key findings presented in this study reinforce the importance of exploring non-EUT models within a revealed preference context before they can be applied reliably to modelling risky choices in the real world.     

CFD Analysis of Ship-to-Ship Hydrodynamic Interaction

A numerical study of ship-to-ship interaction forces is performed using a commercial CFD code, and the results are compared with experimental data and with the results of a panel method analysis. Two ship models have been used in the interaction forces analysis: a tug and a tanker, advancing parallel to each other with different lateral distances and two different values of the fluid depth. Computations are carried out with four different flow models: inviscid and viscous flow with the free surface modeled as a rigid wall and inviscid and viscous flow with the deformable free surface. A fair agreement was obtained with available experimental data and results obtained by panel method. The influence of viscosity in the computations is found to be comparatively weak, while the wavemaking effects may be important, at small magnitude of the horizontal clearance.     

Are we ready to embrace connected and self-driving vehicles? A case study of Texans

While connected, highly automated, and autonomous vehicles (CAVs) will eventually hit the roads, their success and market penetration rates depend largely on public opinions regarding benefits, concerns, and adoption of these technologies. Additionally, the introduction of these technologies is accompanied by uncertainties in their effects on the carsharing market and land use patterns, and raises the need for tolling policies to appease the travel demand induced due to the increased convenience. To these ends, this study surveyed 1088 respondents across Texas to understand their opinions about smart vehicle technologies and related decisions. The key summary statistics indicate that Texans are willing to pay (WTP) $2910, $4607, $7589, and $127 for Level 2, Level 3, and Level 4 automation and connectivity, respectively, on average. Moreover, affordability and equipment failure are Texans’ top two concerns regarding AVs. This study also estimates interval regression and ordered probit models to understand the multivariate correlation between explanatory variables, such as demographics, built-environment attributes, travel patterns, and crash histories, and response variables, including willingness to pay for CAV technologies, adoption rates of shared AVs at different pricing points, home location shift decisions, adoption timing of automation technologies, and opinions about various tolling policies. The practically significant relationships indicate that more experienced licensed drivers and older people associate lower WTP values with all new vehicle technologies. Such parameter estimates help not only in forecasting long-term adoption of CAV technologies, but also help transportation planners in understanding the characteristics of regions with high or low future-year CAV adoption levels, and subsequently, develop smart strategies in respective regions.     

How household transportation expenditures have evolved in Canada: a long term perspective

In recent years, increasing recognition of the challenges associated with global climate change and inequity in developed countries have revived researcher’s interest towards analyzing transportation related expenditure of households. The current research contributes to travel behaviour literature by developing an econometric model of household budgetary allocations with a particular focus on transportation expenditure. Towards this end, we employ the public-use micro-data extracted from the Survey of Household Spending (SHS) for the years 1997–2009. The proposed econometric modeling approach is built on the multiple discrete continuous extreme value model (MDCEV) framework. Specifically, in our analysis, the scaled version of the MDCEV model outperformed its other counterparts. Broadly, the model results indicated that a host of household socio-economic and demographic attributes along with the residential location characteristics affect the apportioning of income to various expenditure categories and savings. We also observed a relatively stable transportation spending behaviour over time. Additionally, a policy analysis exercise is conducted where we observed that with increase in health expenses and reduction in savings results in adjustments in all expenditure categories.     

Robust network pricing and system optimization under combined long-term stochasticity and elasticity of travel demand

Network pricing serves as an instrument for congestion management, however, agencies and planners often encounter problems of estimating appropriate toll prices. Tolls are commonly estimated for a single-point deterministic travel demand, which may lead to imperfect policy decisions due to inherent uncertainties in future travel demand. Previous research has addressed the issue of demand uncertainty in the pricing context, but the elastic nature of demand along with its uncertainty has not been explicitly considered. Similarly, interactions between elasticity and uncertainty of demand have not been characterized. This study addresses these gaps and proposes a framework to estimate nearest optimal first-best tolls under long-term stochasticity in elastic demand. We show first that the optimal tolls under the deterministic-elastic and stochastic-elastic demand cases coincide when cost and demand functions are linear, and the set of equilibrium paths is constant. These assumptions are restrictive, so three larger networks are considered numerically, and the subsequent pricing decisions are assessed. The results of the numerical experiments suggest that in many cases, optimal pricing decisions under the combined stochastic-elastic demand scenario resemble those when demand is known exactly. The applications in this study thus suggest that inclusion of demand elasticity offsets the need of considering future demand uncertainties for first-best congestion pricing frameworks.     

Factors associated with home-based e-working and e-shopping in Nanjing,China

The widespread adoption of information and communication technology has facilitated frequent e-activities in people’s daily life. From the perspective of individual’s time use on e-working and e-shopping at home, this paper aims to enhance our understanding of the function of home beyond a living space for family life. Using a household survey of 608 full-time paid employees who conducted e-activities at home in Nanjing, China, we investigated the characteristics and patterns of home-based e-working and e-shopping. Only 7.9% of the respondents neither e-shopped nor e-worked at home. We find that the socio-demographic context, Internet use habits, attitudes towards e-working/e-shopping, and geographical accessibility have influenced the patterns of home-based e-working and e-shopping. The results indicate that the rich e-activities taking place at home have changed the time use at home and reinforced the function of home as a multifunctional hub.     

Relationship between well-being and daily time use of elderly: evidence from the disabilities and use of time survey

According to US Census Bureau, the number of individuals in the age group above 65 years is expected to increase by more than 100% from the year 2000 to 2030. It is anticipated that increasing elderly population will put unforeseen demands on the transportation infrastructure due to the atypical mobility and travel needs of the elderly. Consequently, transportation professionals have attempted to understand the travel behavior of the elderly including the trip frequency, trip distance and mode choice decisions. Majority of the research on elderly travel behavior have focused on the mobility outcomes with limited research into understanding the tradeoffs made by this population segment in terms of their in-home and out-of-home activity engagement choices. The goal of the current research is to contribute to this line of inquiry by simultaneously exploring the daily activity engagement choices of the elderly Americans including their in-home and out-of-home activity participation (what activities to pursue) and time alloocation (duration of each activity) decisions while accounting for the temporal constraints. Further, the study attempts to explore the relationship between physical and subjective well-being and daily activity engagement decisions of the elderly; where subjective well-being is derived from reported needs satisfaction with life and different domains of it. To this end, data from the Disabilities and Use of Time survey of Panel Study of Income Dynamics was used to estimate a panel version of MDCEV model. In addition to person- and household-level demographic variables, activity participation and time use choices of elderly were found to vary across different levels of reported physical and subjective well-being measures. The model estimation results were plausible and provide interesting insights into the activity engagement choices of the elderly with implications for transportation policy development. Among other socio-demographic variables, living arrangements (living with family versus in elderly homes) were found to have significant influence on how people participate into different in-home versus out-of-home activities. For example, elderly living in the elderly home were found to participate more into out-of-home activities compared to people living with families. Elderly with disabilities were found to compensate lower participation into out-of-home activities with more participation into in-home activities. Considerable heterogeneity was observed in time engagement behavior of the elderly across reported levels of satisfaction with finance, job and cognitive needs. For example, elderly expressing high satisfaction with job was found to spend less time in in-home social activities. Elderly reporting higher satisfaction with finance were found to spend more time into OH social and shopping activities.     

Effects of the ‘Belt and Road’ initiative on the wine import logistics of China

China’s Belt and Road (BR) initiative is expected to facilitate international trade between the countries involved. In this study, we review the special requirements of wine logistics and the market growth potential of wine consumption in China. A model minimizing generalized logistical costs is developed and applied to wine imports in China, so that the best candidate cities in which to locate transport gateways and distribution centers can be identified. Our analysis suggests that the most preferred gateways are Shanghai, Tianjin, Guangzhou, and Hong Kong, which all have similar delivery costs. In comparison, Beijing and Chongqing have much higher delivery costs, mainly because they do not have good access to marine transport and/or efficient domestic distribution networks. For long-distance intercontinental transport of large volumes of wine, marine shipping remains the only viable delivery mode. However, wine distribution within China extensively uses air, road, and water transport. Therefore, cities with excellent multi-modal transport services are better positioned to become wine logistics gateways. Our study also highlights the importance of value-added services and good government support, which are important factors that influence distribution costs and quality.     

Aggregating mobile object trajectories: cumulative time geographic density estimation for GPS data

We present new approaches that expand upon the time geographic density estimation (TGDE) framework previously employed to estimate potential path trees. In the past, TGDE metrics have identified possible locations an individual moving object may have passed between, given known origin and destination points. This paper utilizes a new form of TGDE to investigate taxicab GPS traces over a specified time horizon with position ‘gaps’. To this end, we propose a new extension to the TGDE framework, TGDE-C, which is used to determine the cumulative TGDE values for a group of GPS traces, at a given location. These metrics are applied to multiple taxis and allow for time of day analysis. Additionally, we combine these new extensions with existing TGDE metrics that allow us to determine how accessible individual or groups of vehicles are to urban opportunities.     

Back-Calculation of Ground Stress Field and Rockburst Analysis for Wunvfeng Tunnel北大核心CSCD

Studying the in-situ stress distribution at a tunnel site is very important to determine surrounding rock characteristics, the engineering design and the construction scheme. By using the multiple linear regression method based on the least square algorithm, the initial geostress field is analyzed and the corresponding regression coefficients are obtained. The ground stress obtained from the proposed back analysis is reasonable and can meet the demands of the engineering applications. From the rockburst risk level distribution diagram, it is speculated that the Wunvfeng tunnel is in the high filed stress area. Field monitoring should be strengthened and emergency plans should be made to cope with the rockburst risks during the construction process. © 2018, Editorial Office of "Modern Tunnelling Technology". All right reserved.