Showing 1 - 10 of 237
In recent years there has been a re-focus on the valuation of a statistical life from the ex post or human capital method to an ex ante willingness to pay (WTP) approach. This is in part a recognition that we may have been undervaluing the cost of fatalities and injuries to society associated...
Persistent link: https://www.econbiz.de/10005023265
This paper explores the complexity and cognitive burden associated to stated choice experiments. Complexity is analysed in terms of design dimensions such as the number of available alternatives, the number of attributes used to define these alternatives, the number of levels for those...
Persistent link: https://www.econbiz.de/10005115190
Persistent link: https://www.econbiz.de/10011304742
This paper uses state of the art stated choice designs to parameterise modal choice models for commuting and non-commuting travel futures in the presence of new public transport infrastructure (variations of new heavy rail, light rail and dedicated busway systems). D-optimal choice experiments...
Persistent link: https://www.econbiz.de/10005236118
This paper reviews and critiques the modelling frameworks and empirical measurement paradigms used to obtain willingness to pay (WTP) for improved travel time reliability, suggesting new directions for ongoing research. We also estimate models to derive values of reliability, scheduling costs...
Persistent link: https://www.econbiz.de/10009211355
Random utility maximisation is the pre-eminent behavioural theory used to model choices. An alternative paradigm, however, is random regret minimisation. While the majority of the literature examines the choices of individuals, this paper compares the choices of groups, as well as individuals,...
Persistent link: https://www.econbiz.de/10010728814
This paper investigates support for road pricing reform within a referendum voting choice model. Central to this is how to identify believable ex-ante support for specific road pricing schemes. Our approach is centred on a referendum voting choice model for alternative road pricing schemes, with...
Persistent link: https://www.econbiz.de/10010728828
The interplay between congestion and crowding externalities in the design of urban bus systems is identified and analysed. A multimodal social welfare maximisation model with spatially disaggregated demand is developed, in which users choose between travelling by bus, car or walking in a...
Persistent link: https://www.econbiz.de/10010753662
This paper uses data collected in Australia in 2010–2011 on alternative access charge regimes for freight transport, obtained from a stated choice experiment, which is used in estimation of mixed logit models calibrated on vehicle market shares, to derive matrices of direct and cross access...
Persistent link: https://www.econbiz.de/10010755054
Recently emerging in the stated preference literature as methods for better representing behaviour are choice certainty calibration and alternative acceptability. This paper finds that the amount of idiosyncratic error in the context of automobile choice is significant and can be explained by...
Persistent link: https://www.econbiz.de/10010755155