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Title: Model Representation & Decision-Making in an Ever-Changing World: The Role of Stochastic Process Models of Transportation Systems.
Authors: Watling, David; Cantarella, Giulio
Abstract: We review and advance the state-of-the-art in the modelling of transportation systems as a stochastic process. The conceptual and theoretical basis of the approach is explained in detail. A variety of examples are given to motivate its use in the field. While the examples cover a wide range of modelling philosophies, in order to provide focus they are restricted to modelling a special class of problems involving driver route choice in networks. Our overall objective is to establish the applicability of this approach as a 'unifying framework' for modelling approaches involving dynamic and stochastic elements, developing further the ideas put forward in Cantarella & Cascetta (Transportation Science 29, 305-329, ). Directions for further development and research are identified.
Subjects: TRANSPORTATION; DECISION making; STOCHASTIC processes; ROUTE choice; TRAFFIC assignment
Publication: Networks & Spatial Economics, 2015, Vol 15, Issue 3, p843
ISSN: 1566-113X
Publication type: Academic Journal
DOI: 10.1007/s11067-013-9198-2

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Model Representation & Decision-Making in an Ever-Changing World: The Role of Stochastic Process Models of Transportation Systems.