Showing 1 - 10 of 16
The value of travel time plays an important role in cost benefit analysis of infrastructureprojects. However, the issue of uncertainty on travel times and the implications this has forestimations of travel time values has received much less attention in the literature. In thispaper we compare...
Persistent link: https://www.econbiz.de/10011333900
We perform a meta-analysis of studies investigating consumers' preferences for electric and other alternative fuel vehicles to provide insights into the way consumers trade off driving range for capital costs. We find that consumers are willing to pay, on average, between 47 and 64 USD for a...
Persistent link: https://www.econbiz.de/10011257527
We perform a meta-analysis of studies investigating consumer preferences for electric and other alternative fuel vehicles (AFVs) to provide insights into the way driving range is traded off for capital costs. We find that consumers are willing to pay, on average, between 66 and 75 US$ for a...
Persistent link: https://www.econbiz.de/10010709178
Using a dynamic approach, employing data on job mobility, we demonstrate that university workers’ marginal willingness to pay for reducing commuting distance is about €0.25 per kilometre travelled. This corresponds to a marginal willingness to pay for reducing commuting time of about 75 %...
Persistent link: https://www.econbiz.de/10010989522
We introduce a methodology to estimate the effect of parking prices on car drivers' choice between street and garage parking. Our key identifying assumption is that the marginal benefit of parking duration does not depend on this choice. The endogeneity of parking duration is acknowledged in the...
Persistent link: https://www.econbiz.de/10010326405
Using a dynamic approach, employing data on job mobility, we demonstrate that university workers' marginal willingness to pay for reducing commuting distance is about euro 0.25 per kilometre travelled. This corresponds to a marginal willingness to pay for reducing commuting time of about 75% of...
Persistent link: https://www.econbiz.de/10010326075
We perform a meta-analysis of studies investigating consumers' preferences for electric and other alternative fuel vehicles to provide insights into the way consumers trade off driving range for capital costs. We find that consumers are willing to pay, on average, between 47 and 64 USD for a...
Persistent link: https://www.econbiz.de/10010326274
Although the growing economics of parking literature almost exclusively focuses on the drivers' choice between curb and garage parking (and the consequences of non-optimal pricing), we are not aware of a substantial literature of revealed-preference studies which examines this choice. As a...
Persistent link: https://www.econbiz.de/10011509174
This paper presents a method to assess the distribution of values of time, and values of statistical life, over participants to a stated choice experiment, that does not require the researcher to make an a priori assumption on the type of distribution, as is required for example for mixed logit...
Persistent link: https://www.econbiz.de/10011376457
Accident costs are an important component of the external costs of traffic, a substantial part of whichis related to fatal accidents. The evaluation of fatal accident costs crucially depends on theavailability of an estimate for the economic value of a statistical life. The aim of the...
Persistent link: https://www.econbiz.de/10011304399