The choice of a function to be optimized is unambiguous in the ordinary assignment model. In the stochastic assignment model there is no clear choice of functional. Six different criteria for the ...

In this paper we propose a model for the transit equilibrium assignment problem (TEAP) and develop two algorithms for its solution. The behavior of the transit users is modeled by using the concept of ...

A new theory of economic decision-making offers an explanation as to why humans, in general, make decisions that are simply adequate, not optimal.