A behavioral economic perspective on demand responsive transportation

Aljoscha Minnich; Heiko Herbst; Stephan Herminghaus; Thomas Kneib; Benjamin Wacker; Jan Christian Schlüter

Transportation Research Interdisciplinary Perspectives (Sep 2024)

A behavioral economic perspective on demand responsive transportation

Aljoscha Minnich,
Heiko Herbst,
Stephan Herminghaus,
Thomas Kneib,
Benjamin Wacker,
Jan Christian Schlüter

Affiliations

Aljoscha Minnich: Next Generation Mobility Group, Department of Complex Fluids, Max Planck Institute for Dynamics and Self-Organization, Am Faßberg 17, 37077 Göttingen, Germany; Chair of Statistics, Department of Economics, Georg-August-University of Göttingen, Humboldtallee 3, 37073 Göttingen, Germany
Heiko Herbst: Next Generation Mobility Group, Department of Complex Fluids, Max Planck Institute for Dynamics and Self-Organization, Am Faßberg 17, 37077 Göttingen, Germany; Chair of Statistics, Department of Economics, Georg-August-University of Göttingen, Humboldtallee 3, 37073 Göttingen, Germany
Stephan Herminghaus: Next Generation Mobility Group, Department of Complex Fluids, Max Planck Institute for Dynamics and Self-Organization, Am Faßberg 17, 37077 Göttingen, Germany
Thomas Kneib: Chair of Statistics, Department of Economics, Georg-August-University of Göttingen, Humboldtallee 3, 37073 Göttingen, Germany
Benjamin Wacker: Next Generation Mobility Group, Department of Complex Fluids, Max Planck Institute for Dynamics and Self-Organization, Am Faßberg 17, 37077 Göttingen, Germany; Department of Engineering and Natural Sciences, University of Applied Sciences Merseburg, Eberhard-Leibnitz-Straße 2, D-06217, Merseburg, Germany; Chair of Data Science, Faculty of Management, Construction and Social Work, HAWK, Haarmannplatz 3, 37603 Holzminden, Germany
Jan Christian Schlüter: Next Generation Mobility Group, Department of Complex Fluids, Max Planck Institute for Dynamics and Self-Organization, Am Faßberg 17, 37077 Göttingen, Germany; Chair of Statistics, Department of Economics, Georg-August-University of Göttingen, Humboldtallee 3, 37073 Göttingen, Germany; Flexible Transport Systems and Complex Urban Dynamics Research Group, “Friedrich List” Faculty of Transport and Traffic Sciences, Technical University of Dresden, Hettnerstr. 1, 01069 Dresden, Germany; Chair of Data Science, Faculty of Management, Construction and Social Work, HAWK, Haarmannplatz 3, 37603 Holzminden, Germany; Corresponding author at: Chair of Data Science, Faculty of Management, Construction and Social Work, HAWK, Haarmannplatz 3, 37603 Holzminden, Germany

Journal volume & issue: Vol. 27
p. 101176

Abstract

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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.

Published in Transportation Research Interdisciplinary Perspectives

ISSN: 2590-1982 (Online)
Publisher: Elsevier
Country of publisher: United Kingdom
LCC subjects: Social Sciences: Transportation and communications
Website: https://www.journals.elsevier.com/transportation-research-interdisciplinary-perspectives

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