Aljoscha Minnich , Heiko Herbst , Stephan Herminghaus , Thomas Kneib , Benjamin Wacker , Jan Christian Schlüter
{"title":"A behavioral economic perspective on demand responsive transportation","authors":"Aljoscha Minnich , Heiko Herbst , Stephan Herminghaus , Thomas Kneib , Benjamin Wacker , Jan Christian Schlüter","doi":"10.1016/j.trip.2024.101176","DOIUrl":null,"url":null,"abstract":"<div><p>In this article, a utility function framework is developed, serving to determine the demand for an upcoming demand responsive transportation system. A linear’public-good game’ (PGG) model is modified in a way that maximizing the consumer surplus is assumed to determine individual decision-making. This modification allows for considering the endowment effect in the function, which is expected to enable for a more precise distinction among customer segments. The purpose of this approach is to create a possibility for including descriptive behavioral economic findings in a normative modeling concept. It shall serve as a theoretical basis for coming empirical investigations.</p></div>","PeriodicalId":36621,"journal":{"name":"Transportation Research Interdisciplinary Perspectives","volume":"27 ","pages":"Article 101176"},"PeriodicalIF":3.9000,"publicationDate":"2024-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2590198224001623/pdfft?md5=90aff69faf1d21ef9410667c98355ec1&pid=1-s2.0-S2590198224001623-main.pdf","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Transportation Research Interdisciplinary Perspectives","FirstCategoryId":"1085","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S2590198224001623","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"TRANSPORTATION","Score":null,"Total":0}
引用次数: 0
Abstract
In this article, a utility function framework is developed, serving to determine the demand for an upcoming demand responsive transportation system. A linear’public-good game’ (PGG) model is modified in a way that maximizing the consumer surplus is assumed to determine individual decision-making. This modification allows for considering the endowment effect in the function, which is expected to enable for a more precise distinction among customer segments. The purpose of this approach is to create a possibility for including descriptive behavioral economic findings in a normative modeling concept. It shall serve as a theoretical basis for coming empirical investigations.