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Summer Webinar Series- Route Choice and Spatio-Temporal Behavior: The Perturbed Utility Route Choice Model
May 24 @ 12:00 pm - 1:00 pm
The perturbed utility route choice model represents traveler behavior as a utility maximizing assignment of flow across an entire network under a flow conservation constraint. Substitution between routes depends on how much they overlap. The model is estimated considering the full set of route alternatives, and no choice set generation is required. Nevertheless, estimation requires only linear regression and is very fast. Predictions from the model can be computed using convex optimization, and computation is straightforward even for large networks. In this talk, Professor Fosgerau presents results from application to large datasets (1,337,096 GPS traces of car trips, 280,000 GPS traces of bicycle trips) in Copenhagen.
Mogens Fosgerau is a professor in the Economics Department, University of Copenhagen. His areas of research include micro-economics and micro-econometrics applied to problems in transportation, in particular to issues concerning time, reliability and congestion.
Presented by the Transportation Research Board Subcommittee on Route Choice and Spatio-Temporal Behavior (AEP30/AEP40)