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Heuristics and Biases in Travel Mode Choice

Author

Listed:
  • Alessandro Innocenti

    (University of Siena)

  • Patrizia Latturolo

    (IRPET, Tuscany)

  • Maria Grazia Pazienza

    (University of Florence)

Abstract

This study applies experimental methods to analyze travel mode choice. Two different scenarios are considered. In the first scenario, subjects have to decide whether to commute by car or by metro. Metro costs are fixed, while car costs are uncertain and determined by the joint effect of casual events and traffic congestion. In the second scenario, subjects have to decide whether to travel by car or by bus, both modes in which costs are determined by the combination of chance and congestion. Subjects receive feedback information on the actual travel times of both modes. We find that individuals exhibit a marked preference for cars, are inclined to confirm their first choice and demonstrate travel mode stickiness. We conclude that travel mode choice is subject to heuristics and biases that lead to robust deviations from rational choice

Suggested Citation

  • Alessandro Innocenti & Patrizia Latturolo & Maria Grazia Pazienza, 2009. "Heuristics and Biases in Travel Mode Choice," Working Papers 09_5, SIET Società Italiana di Economia dei Trasporti e della Logistica.
    • Handle: RePEc:sit:wpaper:09_5
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    References listed on IDEAS

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    Cited by:

    1. de Jong, Gerard, 2012. "Application of experimental economics in transport and logistics," European Transport \ Trasporti Europei, ISTIEE, Institute for the Study of Transport within the European Economic Integration, issue 50, pages 1-3.

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    More about this item

    Keywords

    travel mode choice; learning; information; heuristics; cognitive biases;
    All these keywords.

    JEL classification:

    • C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior
    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
    • R41 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Transportation: Demand, Supply, and Congestion; Travel Time; Safety and Accidents; Transportation Noise
    • R48 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Government Pricing and Policy

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