Research Article

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

Table 5

Parameter calibration results of the PT-TC, MA-HE, and proposed models.

ConditionsEstimated parameter valueSSE

(a) PT-TC model
Deterministic0.210.182.04a0.0459
Risky0.420.531.190.750.700.3835
(b) MA-HE model
Deterministic0.150.151.650.2013
Risky0.110.612.520.950.150.4000
(c) Proposed MA-TC model
Deterministic0.390.361.480.0198
Risky0.130.481.310.680.220.1605

a, not applicable.