Chorus, Caspar G.; Arentze, Theo A.; Timmermans, Harry J.P. - In: Transportation Research Part B: Methodological 42 (2008) 1, pp. 1-18
This paper presents an alternative to Random Utility-Maximization models of travel choice. Our Random Regret-Minimization model is rooted in Regret Theory and provides several useful features for travel demand analysis. Firstly, it allows for the possibility that choices between travel...