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This paper provides an overview of some alternative conceptual definitions of travel time variability, discusses their implications about behaviour, and puts them into a broader context, including deviations from the underlying assumptions regarding rational behaviour. The paper then discusses...
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This paper sets up a rational inattention model for the choice of departure time for a traveler facing random travel time. The traveler chooses how much information to acquire about the travel time out-come before choosing departure time. This reduces the cost of travel time variability compared...
Persistent link: https://www.econbiz.de/10012944950