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The attribution of transport user benefits by source using discrete choice models

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  • Hyman, Geoff
  • Daly, Andrew

Abstract

A major transport project would typically affect the cost of travel of several different alternatives, and give rise to a combination of gains and losses to users of each alternative. The attribution of benefits to each of the travel alternatives needs to recognise that travellers may change their behaviour as a result of the project. These changes in demand arise not only from changes in the cost of each specific alternative but also from cost changes in other competing alternatives. The appropriate treatment of inter-modal effects is central to the determination of the user benefit produced by each alternative.

Suggested Citation

  • Hyman, Geoff & Daly, Andrew, 2014. "The attribution of transport user benefits by source using discrete choice models," Research in Transportation Economics, Elsevier, vol. 47(C), pages 103-111.
    • Handle: RePEc:eee:retrec:v:47:y:2014:i:c:p:103-111
    DOI: 10.1016/j.retrec.2014.09.023
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    References listed on IDEAS

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    1. Daly, Andrew & Bierlaire, Michel, 2006. "A general and operational representation of Generalised Extreme Value models," Transportation Research Part B: Methodological, Elsevier, vol. 40(4), pages 285-305, May.
    2. Sugden, Robert & Williams, Alan, 1978. "The Principles of Practical Cost-Benefit Analysis," OUP Catalogue, Oxford University Press, number 9780198770411, Decembrie.
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    Cited by:

    1. Niroomand, Naghmeh & Jenkins, Glenn P., 2018. "A comparison of stated preference methods for the valuation of improvement in road safety," Economic Analysis and Policy, Elsevier, vol. 59(C), pages 138-149.
    2. Richard Batley & Thijs Dekker, 2019. "The Intuition Behind Income Effects of Price Changes in Discrete Choice Models, and a Simple Method for Measuring the Compensating Variation," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 74(1), pages 337-366, September.

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    More about this item

    Keywords

    User benefit; Consumer surplus; Transport appraisal; Benefit attribution;
    All these keywords.

    JEL classification:

    • R42 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Government and Private Investment Analysis; Road Maintenance; Transportation Planning

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