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The current level of competition in European commercial passenger rail markets is low and empirical data on customer … passenger rail by exploring the determinants of customers' choice behaviour on two cross-border routes, Cologne-Brussels and … outcome of intramodal competition, implying that entry is even more difficult than they predicted. -- Competition ; Passenger …
Persistent link: https://www.econbiz.de/10009295646
This study explores determinants of customer choice behaviour in passenger rail competition on two cross-border routes …, Cologne–Brussels and Cologne–Amsterdam. It fills a gap in the literature on competition in commercial passenger rail by … customer cards. Our results imply that entry into the commercial passenger rail market may be more difficult than often thought …
Persistent link: https://www.econbiz.de/10010662425
It is a common finding in empirical discrete choice studies that the estimated mean relative values of the coefficients (i.e. WTP's) from multinomial logit (MNL) estimations differ from those calculated using mixed logit estimations, where the mixed logit has the better statistical fit. However,...
Persistent link: https://www.econbiz.de/10011379636
This contribution contains an international comparison of preferences. Using two Discrete Choice Experiments (DCE), it measures willingness to pay for health insurance attributes in Germany and the Netherlands. Since the Dutch DCE was carried out right after the 2006 health reform, which made...
Persistent link: https://www.econbiz.de/10008695364
In this paper we use Bayes estimates of a multinomial probit model with fully flexible substitution patterns to forecast consumer response to ultra-low-emission vehicles. In this empirical application of the probit Gibbs sampler, we use stated-preference data on vehicle choice from a...
Persistent link: https://www.econbiz.de/10009510145
Background: This contribution seeks to measure preferences for health insurance in Germany and the Netherlands, using two Discrete Choice Experiments (DCE). Since the Dutch DCE was carried out right after the 2006 health reform, which made citizens explicitly choose a health insurance contract,...
Persistent link: https://www.econbiz.de/10010526906
Previous literature on the distribution of willingness to pay has focused on its heterogeneity distribution without addressing exact interval estimation. In this paper we derive and analyze Bayesian confidence sets for quantifying uncertainty in the determination of willingness to pay for carbon...
Persistent link: https://www.econbiz.de/10009787468
The focus of this paper is on the microeconometric analysis of spatial choice in a cross section. Nested multinomial logit models are used to analyze the determi-nants of individual choice among destinations and vacation activities. Cramer and Ridder's likelihood ratio test for pooled...
Persistent link: https://www.econbiz.de/10010403834
Bundling becomes a dominant sales strategy in telecommunications. Dual and triple-play packages are increasingly popular among subscribers. From operators' perspective, a core issue in bundling design is the knowledge about how consumers value packages. In this paper we focus on elicitation of...
Persistent link: https://www.econbiz.de/10011446907
In this paper we analyze the potential demand for privately used alternative fuel vehicles (AFVs), based on a nationwide survey in Germany among (potential) car buyers. For this purpose, we applied a stated preference discrete choice experiment, using a wide range of vehicle alternatives...
Persistent link: https://www.econbiz.de/10013084871