TY - JOUR
T1 - Information gain, novelty seeking and travel: a model of dynamic activity-travel behavior under conditions of uncertainty
AU - Arentze, T.A.
AU - Timmermans, H.J.P.
PY - 2005
Y1 - 2005
N2 - Abstract
When making a trip, individuals make observations that may increase their knowledge about their environment. In this paper, we develop a measure of expected information gain based on a Bayesian model of mental maps and belief updating. We argue that expected information gain is an element of the utility function of trip choice alternatives under conditions of limited information and learning. Theory and models are developed. The simulations conducted illustrate that expected information gain tends to favor longer trips and variety seeking in terms of both route and destination choice. We argue, therefore, that individuals may perceive a positive utility of travel through environments with which they are less familiar.
AB - Abstract
When making a trip, individuals make observations that may increase their knowledge about their environment. In this paper, we develop a measure of expected information gain based on a Bayesian model of mental maps and belief updating. We argue that expected information gain is an element of the utility function of trip choice alternatives under conditions of limited information and learning. Theory and models are developed. The simulations conducted illustrate that expected information gain tends to favor longer trips and variety seeking in terms of both route and destination choice. We argue, therefore, that individuals may perceive a positive utility of travel through environments with which they are less familiar.
U2 - 10.1016/j.tra.2004.08.002
DO - 10.1016/j.tra.2004.08.002
M3 - Article
SN - 0965-8564
VL - 39
SP - 125
EP - 145
JO - Transportation Research. Part A: Policy and Practice
JF - Transportation Research. Part A: Policy and Practice
IS - 2-3
ER -