Calfee, John; Winston, Clifford; Stempski, Randolph - In: The Review of Economics and Statistics 83 (2001) 4, pp. 699-707
This paper explores a number of methodological issues related to the econometric analysis of stated preference data in the context of estimating the value of automobile travel time. Estimates of parameters and the willingness to pay (WTP) to save time are obtained using conventional ordered...