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Undiscounted Recursive Path Choice Models: Convergence Properties And Algorithms, Tien Mai, Emma Frejinger
Undiscounted Recursive Path Choice Models: Convergence Properties And Algorithms, Tien Mai, Emma Frejinger
Research Collection School Of Computing and Information Systems
Traffic flow predictions are central to a wealth of problems in transportation. Path choice models can be used for this purpose, and in state-of-the-art models—so-called recursive path choice (RPC) models—the choice of a path is formulated as a sequential arc choice process using undiscounted Markov decision process (MDP) with an absorbing state. The MDP has a utility maximization objective with unknown parameters that are estimated based on data. The estimation and prediction using RPC models require repeatedly solving value functions that are solutions to the Bellman equation. Although there are several examples of successful applications of RPC models in the …