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Author:

Wang, K. (Wang, K..) | Guan, H. (Guan, H..) | Yan, H. (Yan, H..)

Indexed by:

Scopus PKU CSCD

Abstract:

Risk produced by uncertatinty is an inherent feature of traffic system, so by a survey of personal socioeconomic character, traffic conditions and psychology expriment, mechanism and characteristics of risk preference in commuters' route choice behavior were studied. Considering the definition of risk preference in accordance with prospect theory, risk aversion and risk seeking were researched in gain domain and loss domain respectively with linear discriminant analysis. Result shows that risk preference in gain domain and loss domain are quite different. In the gain domain commuters are more likely to be risk aversion, which is related to the personal socioeconomic characters. © 2016, Editorial Department of Journal of Beijing University of Technology. All right reserved.

Keyword:

Linear discriminant analysis; Prospect theory; Risk preference; Route choice

Author Community:

  • [ 1 ] [Wang, K.]Beijing Key Laboratory of Traffic Engineering, Beijing University of Technology, Beijing, 100124, China
  • [ 2 ] [Guan, H.]Beijing Key Laboratory of Traffic Engineering, Beijing University of Technology, Beijing, 100124, China
  • [ 3 ] [Yan, H.]Beijing Key Laboratory of Traffic Engineering, Beijing University of Technology, Beijing, 100124, China

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Source :

Journal of Beijing University of Technology

ISSN: 0254-0037

Year: 2016

Issue: 5

Volume: 42

Page: 762-767

Cited Count:

WoS CC Cited Count:

SCOPUS Cited Count: 3

ESI Highly Cited Papers on the List: 0 Unfold All

WanFang Cited Count:

Chinese Cited Count:

30 Days PV: 5

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