Research Article

Travel Choice Behavior Model Based on Mental Accounting of Travel Time and Cost

Table 1

Travel choice results under deterministic conditions.

ScenarioAlternative Alternative
, No. of choices/proportion, No. of choices/proportion

1+10;+40148/46.3%+20;+30172/53.7%
2-1−20;+30127/39.7%−10;+20193/60.3%
2-2−50;+15173/55.3%−40;+5140/44.7%
2-3−900;+150139/45.0%−850;+100170/55.0%
3-1+40;−15128/41.7%+15;−5179/58.3%
3-2+40;−20180/58.3%+15;−10129/41.7%
3-3+900;−700190/61.9%+650;−600117/38.1%
4−25;−3071/22.7%−5;−45242/77.3%

and represent travel time and cost, respectively, and the corresponding units are minutes and yuan. The symbol “+” indicates that the travel time/cost of the alternative is gain relative to the reference point (i.e., the travel time/cost decreases), while the symbol “−” indicates that the travel time/cost of the alternative is loss relative to the reference point (i.e., the travel time/cost increases).