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Recent development in behavioral decision theory reveals the important role of decision environment in the consumer's evaluation and choice processes. Often it is referred as "decision framing." Of particular interest is the online shopping environment, where buyers are usually forced to make...
Persistent link: https://www.econbiz.de/10009228878
The necessity of applying Cost Benefit Analysis (CBA) in evaluating the validity of a public transport investment is well recognized by policy makers in recent days. Originating in a sense of this fact, we implement CBA in a new project called Osaka Monorail Saito Linefs extension by applying a...
Persistent link: https://www.econbiz.de/10005773278
In this paper, under the consideration on both local environmental status and transportation network, we implement Cost Benefit Analysis (CBA) for the extension plan of Osaka Monorail Loop-line by applying a Choice Experiment (CE) method. It is estimated that the benefit cost (B/C) ratio is 1.35...
Persistent link: https://www.econbiz.de/10005738153