2001
DOI: 10.1287/trsc.35.1.37.10141
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A Mean-Variance Model for Route Guidance in Advanced Traveler Information Systems

Abstract: T raditional models of route generation are based on choosing routes that minimize expected travel-time between origin and destination. Such approaches do not account for the fact that travelers often incorporate travel-time variability within their decision making. Thus, a route with lower travel-time variability is preferred by some travelers, even if such a route is not one with the lowest mean travel-time. Such traveler behavior is best captured by a multiobjective model in which the choice of a route is b… Show more

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Cited by 117 publications
(50 citation statements)
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“…Sen et al [55], for example, presents a formulation which incorporates both travel time and travel time variance into the objective function. This formulation relies on a series of parametric 0-1 quadratic integer programs.…”
Section: Centralized and Predictive Route Guidancementioning
confidence: 99%
“…Sen et al [55], for example, presents a formulation which incorporates both travel time and travel time variance into the objective function. This formulation relies on a series of parametric 0-1 quadratic integer programs.…”
Section: Centralized and Predictive Route Guidancementioning
confidence: 99%
“…In this case, the quadratic part of the objective function is determined by the covariance matrix of the coefficient's probability distributions. In [12] the authors develop a multi-objective model to minimize both the expected travel time of a path and its variance. Then they solve the multi-objective optimization problem by combining the linear and quadratic objective functions into a single quadratic shortest path problem.…”
Section: Introductionmentioning
confidence: 99%
“…The variance of travel times within a time period over consecutive days was employed as an indicator of uncertainty. With the concept of multi-objective approach, Sen and Pillai (2001) developed a mean-variance model for optimizing route guidance problems. The tradeoff between the mean and variability of travel time was discussed.…”
Section: Introductionmentioning
confidence: 99%