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Impacts of the driver’s bounded rationality on the traffic running cost under the car-following model

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  • Tang, Tie-Qiao
  • Luo, Xiao-Feng
  • Liu, Kai

Abstract

The driver’s bounded rationality has significant influences on the micro driving behavior and researchers proposed some traffic flow models with the driver’s bounded rationality. However, little effort has been made to explore the effects of the driver’s bounded rationality on the trip cost. In this paper, we use our recently proposed car-following model to study the effects of the driver’s bounded rationality on his running cost and the system’s total cost under three traffic running costs. The numerical results show that considering the driver’s bounded rationality will enhance his each running cost and the system’s total cost under the three traffic running costs.

Suggested Citation

  • Tang, Tie-Qiao & Luo, Xiao-Feng & Liu, Kai, 2016. "Impacts of the driver’s bounded rationality on the traffic running cost under the car-following model," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 457(C), pages 316-321.
    • Handle: RePEc:eee:phsmap:v:457:y:2016:i:c:p:316-321
    DOI: 10.1016/j.physa.2016.03.113
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