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We obtain confidence intervals for willingness-to-pay (WTP) measures derived from a mode choice model estimated to analyse travel demand for suburban trips in the two main interurban corridors in Gran Canaria island, using a mixed RP/SP data base. We considered a specification of the systematic...
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We compare values of time obtained with linear utility functions used in LOGIT and HIERARCHICAL LOGIT specifications of a nine-mode passenger choice model estimated with disaggregate data from Santiago, Chile, and find that they are sensitive to the specification used, unconvincingly high, and...
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The paper aims to assess the wage differential that would induce workers to switch between informal and formal sectors, analysing the informal labour market in the Colombian Caribbean region. Relying on the theory of equalising differences, we uncover which workers perceive the highest utility...
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