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It is assumed that travelers adjust departure time and route choices according to updating historical information. With considering traveler's bounded rationality, the day-to-day dynamic models of network traffic flow are developed based on the cumulative prospect theory. The proposed models reveal how travelers make departure time and route choices, update the time interval weight, and the route travel time distribution function. Numerical experiments on a grid network show that the reliance on historical perceived travel time have no significant effect on the stable flow distribution of each departure time interval, but have significant effect on network traffic flow evolution. When the reliance on historical perceived travel time is greater than or equal to 0.90, the network traffic flow considering departure time choice will eventually reach a steady state. From the perspective of the overall efficiency of the network system, when the reliance on historical perceived travel time is within [0.90, 0.95], the boundedly rational traffic assignment will be better than the perfectly rational one. Copyright © 2017 by Science Press.
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