IDEAS home Printed from https://ideas.repec.org/a/eee/transe/v192y2024ics136655452400334x.html
   My bibliography  Save this article

Investigating the influence of herd effect on the logit stochastic user equilibrium problem

Author

Listed:
  • Zhou, Bojian
  • Li, Shihao
  • Xu, Min
  • Ye, Hongbo

Abstract

In traditional traffic equilibrium models, travelers typically rely on link flow information to estimate link/route costs. However, an often-overlooked aspect in prior research is that travelers can easily acquire information about the route choices of other travelers within the same OD pair. The presentation of route flow information, combined with the influence of travelers’ herd behavior, results in novel and intriguing conclusions distinct from conventional equilibrium models. Specifically, this study demonstrates that by considering the influence of the herd effect in route choice within the stochastic user equilibrium model, it is possible to address three critical problems that remain inadequately resolved in the literature: (1) The stability of stochastic user equilibrium (SUE) in the presence of route flow information. (2) The existence of meaningful link tolls capable of steering the SUE flow pattern toward system optimum (SO). (3) The design of a trial-and-error congestion pricing scheme with disequilibrium observed network flow patterns. To tackle these problems, we present a logit SUE flow evolution process with herd effect and propose a corresponding trial-and-error congestion pricing scheme. Rigorous proofs of related convergence theorems will be provided. The findings of this study support the assertion that “herd effect can offset travelers’ perception errors”, carrying significant policy implications for leveraging herd effect in the design of navigation software and congestion pricing strategies.

Suggested Citation

  • Zhou, Bojian & Li, Shihao & Xu, Min & Ye, Hongbo, 2024. "Investigating the influence of herd effect on the logit stochastic user equilibrium problem," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 192(C).
  • Handle: RePEc:eee:transe:v:192:y:2024:i:c:s136655452400334x
    DOI: 10.1016/j.tre.2024.103743
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S136655452400334X
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.tre.2024.103743?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    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:eee:transe:v:192:y:2024:i:c:s136655452400334x. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/wps/find/journaldescription.cws_home/600244/description#description .

    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.