Under expected utility theory, compound lotteries can be valued by "iterating" expectations: the expected utility of a compound lottery is the expected value of a simple lottery over prizes that are certainty equivalents to follow-up lotteries. We derive necessary and sufficient conditions for a...

In this paper, we investigate to what extent the results of static traffic assignment (STA) are influenced by centroid connectors and how to optimize their selections. Three networks are used to evaluate the impact of different centroid connector configurations on the resulting traffic flow...