Construct · 1 fields · 1 citations

random regret minimization: a standalone construct

One name. One construct. A landmark on the map.

● anchor · a standalone construct Nearest construct by meaning·not indexed
random regretminimization1 CONSTRUCTRandom regretCHORUS · TRAVEL BEHAVIOR

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Travel behavior

a discrete choice model in which travelers choose the option that minimizes anticipated regret relative to the alternatives, rather than maximizing utility.

In travel behavior, random regret minimization refers to a discrete choice model in which travelers choose the option that minimizes anticipated regret relative to the alternatives, rather than maximizing utility. This meaning comes from Chorus (2008) in Transportation Research Part B: Methodological.[1]

Unit
Recovery means
Measured by

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Nearby constructs

chorus2 fields · 2 citationsjingle · one word, two constructsmaximizing1 fields · 1 citationsanchor · a standalone constructminimization1 fields · 1 citationsanchor · a standalone construct

References

  1. Chorus, C. G., Arentze, T. A., & Timmermans, H. J. P. (2008). A Random Regret-Minimization model of travel choice. Transportation Research Part B: Methodological, 42(1), 1-18. https://doi.org/10.1016/j.trb.2007.05.004

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