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- W2329124590 abstract "Expectations on traffic conditions play decisive roles in ones' daily traffic behavior. A series of in-house experiments to simulate route choice behavior in a group dynamics provide with a set of expectations data which explain how ones' expectations evolve over time through their learning processes. This paper proposes sonic statistical methods to test whether experiment-based expectations data satisfy the rational expectations hypotheses. The rationality of expectations can be investigated by testing their unbiasedness, orthogonality and efficiency. This paper concludes that as far as our experiments are concerned, the rational expectations hypotheses cannot be statistically rejected." @default.
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- W2329124590 date "1995-01-01" @default.
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- W2329124590 title "HYPOTHESES TESTING ON DRIVERS' RATIONAL EXPECTATIONS BY IN-HOUSE EXPERIMENT" @default.
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- W2329124590 doi "https://doi.org/10.2208/journalip.12.493" @default.
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