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econ.TH2023
Wardrop Equilibrium Can Be Boundedly Rational: A New Behavioral Theory of Route Choice
Jiayang Li, Zhaoran Wang, Yu Marco Nie
As one of the most fundamental concepts in transportation science, Wardrop equilibrium (WE) has always had a relatively weak behavioral underpinning. To strengthen this foundation,…
math.OC2023★ 2 cited
Achieving Hierarchy-Free Approximation for Bilevel Programs With Equilibrium Constraints
Jiayang Li, Jing Yu, Boyi Liu +2
In this paper, we develop an approximation scheme for solving bilevel programs with equilibrium constraints, which are generally difficult to solve. Among other things, calculating…