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A dichotomous choice survey for quantifying option and non-use values of bus services in Korea

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  • Justin Chang
  • Soo Cho
  • Beom Lee
  • Yonghwan Kim
  • Suk Yun

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Suggested Citation

  • Justin Chang & Soo Cho & Beom Lee & Yonghwan Kim & Suk Yun, 2012. "A dichotomous choice survey for quantifying option and non-use values of bus services in Korea," Transportation, Springer, vol. 39(1), pages 33-54, January.
  • Handle: RePEc:kap:transp:v:39:y:2012:i:1:p:33-54
    DOI: 10.1007/s11116-011-9326-0
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    References listed on IDEAS

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    1. Kathleen M. Painter & Robert Douglas Scott II & Philip R. Wandschneider & Kenneth L. Casavant, 2002. "Using Contingent Valuation to Measure User and Nonuser Benefits: An Application to Public Transit," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 24(2), pages 394-409.
    2. Cameron, Trudy Ann, 1988. "A new paradigm for valuing non-market goods using referendum data: Maximum likelihood estimation by censored logistic regression," Journal of Environmental Economics and Management, Elsevier, vol. 15(3), pages 355-379, September.
    3. W. Michael Hanemann, 1984. "Welfare Evaluations in Contingent Valuation Experiments with Discrete Responses," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 66(3), pages 332-341.
    4. Chang, Justin S., 2010. "Estimation of option and non-use values for intercity passenger rail services," Journal of Transport Geography, Elsevier, vol. 18(2), pages 259-265.
    5. Bishop, Richard C. & Heberlein, Thomas A., 1979. "Measuring Values Of Extramarket Goods: Are Indirect Measures Biased?," 1979 Annual Meeting, July 29-August 1, Pullman, Washington 277818, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    6. Michael Hanemann & John Loomis & Barbara Kanninen, 1991. "Statistical Efficiency of Double-Bounded Dichotomous Choice Contingent Valuation," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 73(4), pages 1255-1263.
    7. Burton A. Weisbrod, 1964. "Collective-Consumption Services of Individual-Consumption Goods," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 78(3), pages 471-477.
    8. Richard C. Bishop & Thomas A. Heberlein, 1979. "Measuring Values of Extramarket Goods: Are Indirect Measures Biased?," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 61(5), pages 926-930.
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    Citations

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    Cited by:

    1. Xun Zheng & Tomio Miwa, 2019. "A Comparative Analysis on Residents’ Reservation Willingness for Bus Service Based on Option Price," Sustainability, MDPI, vol. 11(1), pages 1-12, January.
    2. Drevs, Florian & Tscheulin, Dieter K. & Lindenmeier, Jörg & Renner, Simone, 2014. "Crowding-in or crowding out: An empirical analysis on the effect of subsidies on individual willingness-to-pay for public transportation," Transportation Research Part A: Policy and Practice, Elsevier, vol. 59(C), pages 250-261.
    3. del Mar Parra López, María & Annema, Jan Anne & van Wee, Bert, 2022. "The added value of having multiple options to travel to. An explorative study," Journal of Transport Geography, Elsevier, vol. 98(C).
    4. Tsvetan G. Tsvetanov & Farhed A. Shah, 2012. "The Economics of Protection against Sea-Level Rise: An Application to Coastal Properties in Connecticut," Working Papers 10, University of Connecticut, Department of Agricultural and Resource Economics, Charles J. Zwick Center for Food and Resource Policy.
    5. Lee, Sunghoon & Burris, Mark W., 2018. "Estimating the Option Value of managed lanes," Research in Transportation Economics, Elsevier, vol. 70(C), pages 28-36.

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