IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v10y2018i4p1185-d141094.html
   My bibliography  Save this article

Travel Mode and Travel Route Choice Behavior Based on Random Regret Minimization: A Systematic Review

Author

Listed:
  • Peng Jing

    (School of Automobile and Traffic Engineering, Jiangsu University, Zhenjiang 212013, China)

  • Mengxuan Zhao

    (School of Automobile and Traffic Engineering, Jiangsu University, Zhenjiang 212013, China)

  • Meiling He

    (School of Automobile and Traffic Engineering, Jiangsu University, Zhenjiang 212013, China)

  • Long Chen

    (School of Automobile and Traffic Engineering, Jiangsu University, Zhenjiang 212013, China)

Abstract

In recent years, traffic congestion has become increasingly serious and the urban environment has deteriorated, posing a challenge to the modern sustainable transportation system. Sustainable travel behavior is a solution that many scholars recognize as being an important aspect in the development of socially, environmentally, and economically sustainable communities. Increasing numbers of studies analyzed the travel choice behavior based on Random Regret-Minimization (RRM) model. RRM considers multiple attribute compromises to capture the traveler’s choice behavior based on minimizing the perceived regret decision criteria. Travel route choice and travel mode choice are interrelated and mutual restraint when a traveler makes a travel decision. To our knowledge, there are limited literatures that overall considered travel mode and travel route choice behavior based on RRM at present. This paper aims to fill this gap and presents a literature review for the application of RRM on sustainable travel mode and travel route choice behavior from empirical issues, influencing factors, theories and methods to evaluate RRM’s potential and limitations as a discrete model of travel choice behavior. The results will provide reference for researchers to study this field and develop novel strategies to promote the sustainable traffic system in the future.

Suggested Citation

  • Peng Jing & Mengxuan Zhao & Meiling He & Long Chen, 2018. "Travel Mode and Travel Route Choice Behavior Based on Random Regret Minimization: A Systematic Review," Sustainability, MDPI, vol. 10(4), pages 1-20, April.
    • Handle: RePEc:gam:jsusta:v:10:y:2018:i:4:p:1185-:d:141094
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/10/4/1185/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2071-1050/10/4/1185/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Loomes, Graham & Sugden, Robert, 1982. "Regret Theory: An Alternative Theory of Rational Choice under Uncertainty," Economic Journal, Royal Economic Society, vol. 92(368), pages 805-824, December.
    2. Chorus, Caspar G. & Koetse, Mark J. & Hoen, Anco, 2013. "Consumer preferences for alternative fuel vehicles: Comparing a utility maximization and a regret minimization model," Energy Policy, Elsevier, vol. 61(C), pages 901-908.
    3. Caspar Chorus & Michel Bierlaire, 2013. "An empirical comparison of travel choice models that capture preferences for compromise alternatives," Transportation, Springer, vol. 40(3), pages 549-562, May.
    4. Chorus, Caspar G., 2014. "Benefit of adding an alternative to one׳s choice set: A regret minimization perspective," Journal of choice modelling, Elsevier, vol. 13(C), pages 49-59.
    5. Eran Ben-Elia & Robert Ishaq & Yoram Shiftan, 2013. "“If only I had taken the other road...”: Regret, risk and reinforced learning in informed route-choice," Transportation, Springer, vol. 40(2), pages 269-293, February.
    6. Chorus, Caspar G. & de Jong, Gerard C., 2011. "Modeling experienced accessibility for utility-maximizers and regret-minimizers," Journal of Transport Geography, Elsevier, vol. 19(6), pages 1155-1162.
    7. Chorus, Caspar & van Cranenburgh, Sander & Dekker, Thijs, 2014. "Random regret minimization for consumer choice modeling: Assessment of empirical evidence," Journal of Business Research, Elsevier, vol. 67(11), pages 2428-2436.
    8. Daniel Kahneman & Amos Tversky, 2013. "Prospect Theory: An Analysis of Decision Under Risk," World Scientific Book Chapters, in: Leonard C MacLean & William T Ziemba (ed.), HANDBOOK OF THE FUNDAMENTALS OF FINANCIAL DECISION MAKING Part I, chapter 6, pages 99-127, World Scientific Publishing Co. Pte. Ltd..
    9. Soora Rasouli & Harry Timmermans, 2017. "Specification of regret-based models of choice behaviour: formal analyses and experimental design based evidence," Transportation, Springer, vol. 44(6), pages 1555-1576, November.
    10. Chorus, Caspar G., 2012. "Logsums for utility-maximizers and regret-minimizers, and their relation with desirability and satisfaction," Transportation Research Part A: Policy and Practice, Elsevier, vol. 46(7), pages 1003-1012.
    11. Sunghoon Jang & Soora Rasouli & Harry Timmermans, 2017. "Incorporating psycho-physical mapping into random regret choice models: model specifications and empirical performance assessments," Transportation, Springer, vol. 44(5), pages 999-1019, September.
    12. Shi An & Ze Wang & Jianxun Cui, 2015. "Integrating Regret Psychology to Travel Mode Choice for a Transit-Oriented Evacuation Strategy," Sustainability, MDPI, vol. 7(7), pages 1-16, June.
    13. Mai, Tien & Bastin, Fabian & Frejinger, Emma, 2017. "On the similarities between random regret minimization and mother logit: The case of recursive route choice models," Journal of choice modelling, Elsevier, vol. 23(C), pages 21-33.
    14. Chorus, Caspar G. & Arentze, Theo A. & Timmermans, Harry J.P., 2008. "A Random Regret-Minimization model of travel choice," Transportation Research Part B: Methodological, Elsevier, vol. 42(1), pages 1-18, January.
    15. van Dijk, Wilco W. & Zeelenberg, Marcel & van der Pligt, Joop, 2003. "Blessed are those who expect nothing: Lowering expectations as a way of avoiding disappointment," Journal of Economic Psychology, Elsevier, vol. 24(4), pages 505-516, August.
    16. Waiyan Leong & David Alan Hensher, 2012. "Embedding Decision Heuristics in Discrete Choice Models: A Review," Transport Reviews, Taylor & Francis Journals, vol. 32(3), pages 313-331, February.
    17. Kim, Jinhee & Rasouli, Soora & Timmermans, Harry, 2017. "Satisfaction and uncertainty in car-sharing decisions: An integration of hybrid choice and random regret-based models," Transportation Research Part A: Policy and Practice, Elsevier, vol. 95(C), pages 13-33.
    18. Hess, Stephane & Stathopoulos, Amanda, 2013. "A mixed random utility — Random regret model linking the choice of decision rule to latent character traits," Journal of choice modelling, Elsevier, vol. 9(C), pages 27-38.
    19. Chorus, Caspar G., 2014. "A Generalized Random Regret Minimization model," Transportation Research Part B: Methodological, Elsevier, vol. 68(C), pages 224-238.
    20. David E. Bell, 1982. "Regret in Decision Making under Uncertainty," Operations Research, INFORMS, vol. 30(5), pages 961-981, October.
    21. van Cranenburgh, Sander & Guevara, Cristian Angelo & Chorus, Caspar G., 2015. "New insights on random regret minimization models," Transportation Research Part A: Policy and Practice, Elsevier, vol. 74(C), pages 91-109.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Batara Surya & Hamsina Hamsina & Ridwan Ridwan & Baharuddin Baharuddin & Firman Menne & Andi Tenri Fitriyah & Emil Salim Rasyidi, 2020. "The Complexity of Space Utilization and Environmental Pollution Control in the Main Corridor of Makassar City, South Sulawesi, Indonesia," Sustainability, MDPI, vol. 12(21), pages 1-41, November.
    2. Xiaoning Liu & Linjie Gao & Anning Ni & Nan Ye, 2020. "Understanding Better the Influential Factors of Commuters’ Multi-Day Travel Behavior: Evidence from Shanghai, China," Sustainability, MDPI, vol. 12(1), pages 1-13, January.
    3. Lehua Bi & Shaorui Zhou & Jianjie Ke & Xiaoming Song, 2023. "Knowledge-Mapping Analysis of Urban Sustainable Transportation Using CiteSpace," Sustainability, MDPI, vol. 15(2), pages 1-29, January.
    4. Xingchuan Wang & Enjian Yao & Shasha Liu, 2018. "Travel Choice Analysis under Metro Emergency Context: Utility? Regret? Or Both?," Sustainability, MDPI, vol. 10(11), pages 1-15, October.
    5. Daisik Nam & Jaewoo Cho, 2020. "Deep Neural Network Design for Modeling Individual-Level Travel Mode Choice Behavior," Sustainability, MDPI, vol. 12(18), pages 1-19, September.
    6. Woo Jang & Fei Yuan & Jose Javier Lopez, 2021. "Investigating Sustainable Commuting Patterns by Socio-Economic Factors," Sustainability, MDPI, vol. 13(4), pages 1-14, February.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. van Cranenburgh, Sander & Guevara, Cristian Angelo & Chorus, Caspar G., 2015. "New insights on random regret minimization models," Transportation Research Part A: Policy and Practice, Elsevier, vol. 74(C), pages 91-109.
    2. Chorus, Caspar & van Cranenburgh, Sander & Dekker, Thijs, 2014. "Random regret minimization for consumer choice modeling: Assessment of empirical evidence," Journal of Business Research, Elsevier, vol. 67(11), pages 2428-2436.
    3. Sunghoon Jang & Soora Rasouli & Harry Timmermans, 2017. "Incorporating psycho-physical mapping into random regret choice models: model specifications and empirical performance assessments," Transportation, Springer, vol. 44(5), pages 999-1019, September.
    4. Luan, Siliang & Yang, Qingfang & Jiang, Zhongtai & Wang, Wei, 2021. "Exploring the impact of COVID-19 on individual's travel mode choice in China," Transport Policy, Elsevier, vol. 106(C), pages 271-280.
    5. Caspar G. Chorus & Sander Cranenburgh, 2018. "Specification of regret-based models of choice behaviour: formal analyses and experimental design based evidence—commentary," Transportation, Springer, vol. 45(1), pages 247-256, January.
    6. John Buckell & Vrinda Vasavada & Sarah Wordsworth & Dean A. Regier & Matthew Quaife, 2022. "Utility maximization versus regret minimization in health choice behavior: Evidence from four datasets," Health Economics, John Wiley & Sons, Ltd., vol. 31(2), pages 363-381, February.
    7. Boeri, Marco & Longo, Alberto, 2017. "The importance of regret minimization in the choice for renewable energy programmes: Evidence from a discrete choice experiment," Energy Economics, Elsevier, vol. 63(C), pages 253-260.
    8. Tian, Qi & Zhao, Jinhua, 2018. "Regret Minimization in Decision Making: Implications for Choice Modeling and Policy Design," 2018 Annual Meeting, August 5-7, Washington, D.C. 274016, Agricultural and Applied Economics Association.
    9. Kim, Jinhee & Rasouli, Soora & Timmermans, Harry, 2017. "Satisfaction and uncertainty in car-sharing decisions: An integration of hybrid choice and random regret-based models," Transportation Research Part A: Policy and Practice, Elsevier, vol. 95(C), pages 13-33.
    10. Sunghoon Jang & Soora Rasouli & Harry Timmermans, 2018. "Accounting for cognitive effort in random regret-only models: Effect of attribute variation and choice set size," Environment and Planning B, , vol. 45(5), pages 842-863, September.
    11. van Cranenburgh, Sander & Chorus, Caspar G., 2018. "Does the decision rule matter for large-scale transport models?," Transportation Research Part A: Policy and Practice, Elsevier, vol. 114(PB), pages 338-353.
    12. Lim, Jooyoung & Hahn, Minhi, 2020. "Regulatory focus and decision rules: Are prevention-focused consumers regret minimizers?," Journal of Business Research, Elsevier, vol. 120(C), pages 343-350.
    13. Caspar G. Chorus, 2014. "Capturing alternative decision rules in travel choice models: a critical discussion," Chapters, in: Stephane Hess & Andrew Daly (ed.), Handbook of Choice Modelling, chapter 13, pages 290-310, Edward Elgar Publishing.
    14. Soora Rasouli & Harry Timmermans, 2017. "Specification of regret-based models of choice behaviour: formal analyses and experimental design based evidence," Transportation, Springer, vol. 44(6), pages 1555-1576, November.
    15. Xingchuan Wang & Enjian Yao & Shasha Liu, 2018. "Travel Choice Analysis under Metro Emergency Context: Utility? Regret? Or Both?," Sustainability, MDPI, vol. 10(11), pages 1-15, October.
    16. Pan, Xiaofeng & Rasouli, Soora & Timmermans, Harry, 2019. "Modeling social influence using sequential stated adaptation experiments: A study of city trip itinerary choice," Transportation Research Part A: Policy and Practice, Elsevier, vol. 130(C), pages 652-672.
    17. Boeri, Marco & Scarpa, Riccardo & Chorus, Caspar G., 2014. "Stated choices and benefit estimates in the context of traffic calming schemes: Utility maximization, regret minimization, or both?," Transportation Research Part A: Policy and Practice, Elsevier, vol. 61(C), pages 121-135.
    18. Guevara, C. Angelo & Fukushi, Mitsuyoshi, 2016. "Modeling the decoy effect with context-RUM Models: Diagrammatic analysis and empirical evidence from route choice SP and mode choice RP case studies," Transportation Research Part B: Methodological, Elsevier, vol. 93(PA), pages 318-337.
    19. van Cranenburgh, Sander & Rose, John M. & Chorus, Caspar G., 2018. "On the robustness of efficient experimental designs towards the underlying decision rule," Transportation Research Part A: Policy and Practice, Elsevier, vol. 109(C), pages 50-64.
    20. Gonzalez-Valdes, Felipe & Raveau, Sebastián, 2018. "Identifying the presence of heterogeneous discrete choice heuristics at an individual level," Journal of choice modelling, Elsevier, vol. 28(C), pages 28-40.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:10:y:2018:i:4:p:1185-:d:141094. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.