Behavior of Speed Choice Based on the Prospect Theory

In order to accurately depict the driver’s behavior of choosing the driving speed under uncertain conditions, the paper uses the prospect theory in the field of psychology model, and studies the mental process of speeding behavior to complete the traffic speed selection behavior model. The model is based on the prospect theory and simulates the alternatives under different scenarios. The calculation results based on the expected utility theory and the prospect theory show that the prospect theory is more consistent with the driver’s driving behavior when describing the traveler’s choice. Therefore, studies of speed selection behavior based on the prospect theory provide a new idea for the research of traffic safety and traffic management in future studies.

• Record URL:
  • https://doi.org/10.1061/9780784482292.040
• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/isbn/9780784482292
• Supplemental Notes:
  • © 2019 American Society of Civil Engineers.
• Corporate Authors:

  American Society of Civil Engineers

  1801 Alexander Bell Drive
  Reston, VA  United States  20191-4400
• Authors:
  • Zhang, Lian-Cai
  • Wang, Jian-Jun
  • Long, Xue-Qin
  • Liu, Shan-Shan
• Conference:
  • 19th COTA International Conference of Transportation Professionals
  • Location: Nanjing , China
  • Date: 2019-7-6 to 2019-7-8
• Publication Date: 2019-7

Language

• English

Media Info

• Media Type: Web
• Features: Figures; References;
• Pagination: pp 424-434
• Monograph Title: CICTP 2019: Transportation in China—Connecting the World

Subject/Index Terms

• TRT Terms: Behavior; Drivers; Operating speed; Psychology; Simulation
• Subject Areas: Highways; Planning and Forecasting; Safety and Human Factors;

Filing Info

• Accession Number: 01719446
• Record Type: Publication
• ISBN: 9780784482292
• Files: TRIS, ASCE
• Created Date: Oct 17 2019 4:09PM