A key feature of many regulatory reviews is determination of the amount of expenditure that should be reflected in the revenue requirement for a service provider. An increasingly important driver in determining the appropriate level of this expenditure is the desired level of service quality and...

Within the discrete choice literature, there is growing recognition that some respondents do not process all attributes when evaluating their choice outcomes. Worryingly, the cost attribute is often among those attributes that are likely to be ignored by respondents. We use probabilistic...

The international and political bargaining process in the aviation sector is heavily influenced by the views of stakeholders, especially regulators, airlines and airport authorities. These views are diverse and often complex to synthesise. We use the method of non-linear canonical correlation to...

The focus of this study was the Board of Airline Representatives of Australia (BARA), a voluntary, non-profit organisation, established as an incorporated body in 1989, (although operating unofficially in previous years) to afford a recognised means of communication between the airlines and...

Stated choice (SC) experiments are increasingly adopted as the empirical source of information on how individuals respond to current and potential travel contexts. The accumulated experience with SC data has been heavily conditioned on analyst prejudices about the acceptable complexity of the...

The entry of low cost airlines has thrown out a challenge to all airlines to find ways of attracting passengers, through a mix of fare discounting, greater frequency, improved flight times and no-frill's levels of on-board service. These competitive strategies have an impact on cost recovery. As...

The development of behaviourally richer representations of the role of well-established and increasingly important influences on modal choice, such as trip time reliability and accounting for risk attitude and process rules, has moved forward at a fast pace in the context of automobile travel....

Discrete choice (DC) models are commonly used as basic building blocks in ‘bottom-up’ models which seek to describe consumer and producer behaviour at a disaggregate level, in contrast to continuous demand (CD) models which are used to describe behaviour at a more aggregate level. At a...

The burgeoning commitment to contracting the delivery of bus services through competitive tendering or negotiated performance-based contracts has been accompanied by as many contract payments schemes as there are contracts. We are now well placed to design a simplified performance-linked payment...

Traditionally, the empirical valuation of travel time savings (VTTS) is obtained from a linear utility specification in a discrete choice model, which implicitly assumes a risk-neutral attitude. This paper draws on recent contributions by the authors that accommodate the attitude towards risk...