IDEAS home Printed from https://ideas.repec.org/h/elg/eechap/12679_27.html
   My bibliography  Save this book chapter

Psychology and Rationality in User Behavior: The Case of Scarcity

In: A Handbook of Transport Economics

Author

Listed:
  • Jonathan L. Gifford

Abstract

Bringing together insights and perspectives from close to 70 of the world’s leading experts in the field, this timely Handbook provides an up-to-date guide to the most recent and state-of-the-art advances in transport economics. The comprehensive coverage includes topics such as the relationship between transport and the spatial economy, recent advances in travel demand analysis, the external costs of transport, investment appraisal, pricing, equity issues, competition and regulation, the role of public–private partnerships and the development of policy in local bus services, rail, air and maritime transport.

Suggested Citation

  • Jonathan L. Gifford, 2011. "Psychology and Rationality in User Behavior: The Case of Scarcity," Chapters, in: André de Palma & Robin Lindsey & Emile Quinet & Roger Vickerman (ed.), A Handbook of Transport Economics, chapter 27, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:12679_27
    as

    Download full text from publisher

    File URL: https://www.elgaronline.com/view/9781847202031.00036.xml
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Arentze, Theo A. & Timmermans, Harry J. P., 2004. "A learning-based transportation oriented simulation system," Transportation Research Part B: Methodological, Elsevier, vol. 38(7), pages 613-633, August.
    2. Bikhchandani, Sushil & Hirshleifer, David & Welch, Ivo, 1992. "A Theory of Fads, Fashion, Custom, and Cultural Change in Informational Cascades," Journal of Political Economy, University of Chicago Press, vol. 100(5), pages 992-1026, October.
    3. Herbert A. Simon, 1955. "A Behavioral Model of Rational Choice," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 69(1), pages 99-118.
    4. Cao, Xinyu & Mokhtarian, Patricia L., 2005. "How do individuals adapt their personal travel? Objective and subjective influences on the consideration of travel-related strategies for San Francisco Bay Area commuters," Transport Policy, Elsevier, vol. 12(4), pages 291-302, July.
    5. McFadden, Daniel, 2007. "The behavioral science of transportation," Transport Policy, Elsevier, vol. 14(4), pages 269-274, July.
    6. Daniel Kahneman & Amos Tversky, 2013. "Prospect Theory: An Analysis of Decision Under Risk," World Scientific Book Chapters, in: Leonard C MacLean & William T Ziemba (ed.), HANDBOOK OF THE FUNDAMENTALS OF FINANCIAL DECISION MAKING Part I, chapter 6, pages 99-127, World Scientific Publishing Co. Pte. Ltd..
    7. Golledge, Reginald G., 1995. "Path Selection and Route Preference in Human Navigation: A Progress Report," University of California Transportation Center, Working Papers qt9jn5r27v, University of California Transportation Center.
    8. Steg, Linda, 2005. "Car use: lust and must. Instrumental, symbolic and affective motives for car use," Transportation Research Part A: Policy and Practice, Elsevier, vol. 39(2-3), pages 147-162.
    9. Bowman, J. L. & Ben-Akiva, M. E., 2001. "Activity-based disaggregate travel demand model system with activity schedules," Transportation Research Part A: Policy and Practice, Elsevier, vol. 35(1), pages 1-28, January.
    10. Robert Schlich & Kay Axhausen, 2003. "Habitual travel behaviour: Evidence from a six-week travel diary," Transportation, Springer, vol. 30(1), pages 13-36, February.
    11. Frost, Martin & Linneker, Brian & Spence, Nigel, 1998. "Excess or wasteful commuting in a selection of British cities," Transportation Research Part A: Policy and Practice, Elsevier, vol. 32(7), pages 529-538, September.
    12. Hani S. Mahmassani & Gang-Len Chang, 1987. "On Boundedly Rational User Equilibrium in Transportation Systems," Transportation Science, INFORMS, vol. 21(2), pages 89-99, May.
    13. Handy, Susan & Weston, Lisa & Mokhtarian, Patricia L., 2005. "Driving by choice or necessity?," Transportation Research Part A: Policy and Practice, Elsevier, vol. 39(2-3), pages 183-203.
    14. Jörgen Garvill & Agneta Marell & Annika Nordlund, 2003. "Effects of increased awareness on choice of travel mode," Transportation, Springer, vol. 30(1), pages 63-79, February.
    15. Satoshi Fujii & Ryuichi Kitamura, 2003. "What does a one-month free bus ticket do to habitual drivers? An experimental analysis of habit and attitude change," Transportation, Springer, vol. 30(1), pages 81-95, February.
    16. Janssens, Davy & Wets, Geert & Brijs, Tom & Vanhoof, Koen & Arentze, Theo & Timmermans, Harry, 2006. "Integrating Bayesian networks and decision trees in a sequential rule-based transportation model," European Journal of Operational Research, Elsevier, vol. 175(1), pages 16-34, November.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Ben-Elia, Eran & Ettema, Dick, 2011. "Rewarding rush-hour avoidance: A study of commuters' travel behavior," Transportation Research Part A: Policy and Practice, Elsevier, vol. 45(7), pages 567-582, August.
    2. Levy, Nadav & Klein, Ido & Ben-Elia, Eran, 2018. "Emergence of cooperation and a fair system optimum in road networks: A game-theoretic and agent-based modelling approach," Research in Transportation Economics, Elsevier, vol. 68(C), pages 46-55.
    3. Wüstenhagen, Rolf & Menichetti, Emanuela, 2012. "Strategic choices for renewable energy investment: Conceptual framework and opportunities for further research," Energy Policy, Elsevier, vol. 40(C), pages 1-10.
    4. Jacobs Martin, 2016. "Accounting for Changing Tastes: Approaches to Explaining Unstable Individual Preferences," Review of Economics, De Gruyter, vol. 67(2), pages 121-183, August.
    5. Marek Drliciak & Jan Celko & Michal Cingel & Dusan Jandacka, 2020. "Traffic Volumes as a Modal Split Parameter," Sustainability, MDPI, vol. 12(24), pages 1-21, December.
    6. Arentze, Theo A. & Ettema, Dick & Timmermans, Harry J.P., 2011. "Estimating a model of dynamic activity generation based on one-day observations: Method and results," Transportation Research Part B: Methodological, Elsevier, vol. 45(2), pages 447-460, February.
    7. Ding, Hongxing & Yang, Hai & Xu, Hongli & Li, Ting, 2023. "Status quo-dependent user equilibrium model with adaptive value of time," Transportation Research Part B: Methodological, Elsevier, vol. 170(C), pages 77-90.
    8. Beirão, Gabriela & Sarsfield Cabral, J.A., 2007. "Understanding attitudes towards public transport and private car: A qualitative study," Transport Policy, Elsevier, vol. 14(6), pages 478-489, November.
    9. Kent de Grey, Robert G. & Werner, Carol M. & Lilja Lohnes, Kate, 2018. "Strengthening proenvironmental intentions: Intrinsic interest may support use of transport alternatives to driving alone," Transportation Research Part A: Policy and Practice, Elsevier, vol. 116(C), pages 260-274.
    10. Xie, Chi & Liu, Zugang, 2014. "On the stochastic network equilibrium with heterogeneous choice inertia," Transportation Research Part B: Methodological, Elsevier, vol. 66(C), pages 90-109.
    11. Lee, Yongsung & Guhathakurta, Subhrajit, 2018. "An analysis of the effects of suburban densification on vehicle use for shopping: Do existing residents respond to land-use changes in the same way as recent movers?," Journal of Transport Geography, Elsevier, vol. 68(C), pages 193-204.
    12. Michelle Baddeley, 2017. "Keynes’ psychology and behavioural macroeconomics: Theory and policy," The Economic and Labour Relations Review, , vol. 28(2), pages 177-196, June.
    13. Hoffmann, Christin & Abraham, Charles & Skippon, Stephen M. & White, Mathew P., 2018. "Cognitive construction of travel modes among high-mileage car users and non-car users – A Repertory Grid analysis," Transportation Research Part A: Policy and Practice, Elsevier, vol. 118(C), pages 216-233.
    14. Manley, Ed & Cheng, Tao, 2018. "Exploring the role of spatial cognition in predicting urban traffic flow through agent-based modelling," Transportation Research Part A: Policy and Practice, Elsevier, vol. 109(C), pages 14-23.
    15. Adam Rosenfield & John P. Attanucci & Jinhua Zhao, 2020. "A randomized controlled trial in travel demand management," Transportation, Springer, vol. 47(4), pages 1907-1932, August.
    16. Bianchi, Marina, 2002. "Novelty, preferences, and fashion: when goods are unsettling," Journal of Economic Behavior & Organization, Elsevier, vol. 47(1), pages 1-18, January.
    17. Irfan Ahmed Memon & Noman Sahito & Saima Kalwar & Jinsoo Hwang & Madzlan Napiah & Muhammad Zaly Shah, 2021. "Choice Modelling of a Car Traveler towards Park-and-Ride Services in Putrajaya to Create Green Development," Sustainability, MDPI, vol. 13(14), pages 1-25, July.
    18. David Aikman & Mirta Galesic & Gerd Gigerenzer & Sujit Kapadia & Konstantinos Katsikopoulos & Amit Kothiyal & Emma Murphy & Tobias Neumann, 2021. "Taking uncertainty seriously: simplicity versus complexity in financial regulation [Uncertainty in macroeconomic policy-making: art or science?]," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 30(2), pages 317-345.
    19. Schneider, Robert J., 2013. "Theory of routine mode choice decisions: An operational framework to increase sustainable transportation," Transport Policy, Elsevier, vol. 25(C), pages 128-137.
    20. Tillema, Taede & Ben-Elia, Eran & Ettema, Dick & van Delden, Janet, 2013. "Charging versus rewarding: A comparison of road-pricing and rewarding peak avoidance in the Netherlands," Transport Policy, Elsevier, vol. 26(C), pages 4-14.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:elg:eechap:12679_27. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Darrel McCalla (email available below). General contact details of provider: http://www.e-elgar.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.