Impacts of the driver’s bounded rationality on the traffic running cost under the car-following model

Tie-Qiao Tang, Xiao-Feng Luo and Kai Liu

Physica A: Statistical Mechanics and its Applications, 2016, vol. 457, issue C, 316-321

Abstract: The driver’s bounded rationality has significant influences on the micro driving behavior and researchers proposed some traffic flow models with the driver’s bounded rationality. However, little effort has been made to explore the effects of the driver’s bounded rationality on the trip cost. In this paper, we use our recently proposed car-following model to study the effects of the driver’s bounded rationality on his running cost and the system’s total cost under three traffic running costs. The numerical results show that considering the driver’s bounded rationality will enhance his each running cost and the system’s total cost under the three traffic running costs.

Keywords: Car-following model; Bounded rationality; Running cost; Fuel consumption; Emissions (search for similar items in EconPapers)
Date: 2016
References: View complete reference list from CitEc
Citations: View citations in EconPapers (26)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:phsmap:v:457:y:2016:i:c:p:316-321

DOI: 10.1016/j.physa.2016.03.113

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