IDEAS home Printed from https://ideas.repec.org/a/spr/jbecon/v87y2017i8d10.1007_s11573-017-0847-7.html
   My bibliography  Save this article

The influences of behavioral biases, barriers and facilitators on the willingness of forwarders’ decision makers to modal shift from unimodal road freight transport to intermodal road–rail freight transport

Author

Listed:
  • Ralf Elbert

    (Technische Universität Darmstadt)

  • Lowis Seikowsky

    (Technische Universität Darmstadt)

Abstract

The European Commission noticed that “all residual barriers between modes” have to be removed to the effect that intermodal road–rail freight transport is considered as an alternative to unimodal road freight transport. Hence, the identification of facilitators and barriers is crucial to increase the intermodal road–rail transport modal split ratio. However, rational arguments to modal shift from road transport to intermodal road–rail transport might be distorted by behavioral biases as bounded rationality influences the decision making. Therefore, the objective of this paper is to identify how biasing effects in regard to prospect theory influence decision makers’ perception of the facilitators and barriers to modal shift from road transport to intermodal road–rail transport. Firstly, we perform a literature review to examine the facilitators and barriers. Secondly, based on the qualitative data derived from 92 interviews with different freight transport executives in Germany, we test our theory-driven propositions and investigate, systemize and validate how behavioral biases, barriers and facilitators influence the willingness of forwarders’ decision makers to modal shift from road transport to intermodal road–rail transport. The results suggest that the main facilitators to enhance the intermodal share are for example working conditions of truck drivers, environmental constraints and high fuel prices, respectively, low fuel prices act as a barrier. The results further indicate that biasing effects like loss aversion or diminishing sensitivity rather leverage than mitigate decision makers’ perception of both facilitators and barriers implying a decreased proneness and increased rigidness to modal shift from road transport to intermodal road–rail transport.

Suggested Citation

  • Ralf Elbert & Lowis Seikowsky, 2017. "The influences of behavioral biases, barriers and facilitators on the willingness of forwarders’ decision makers to modal shift from unimodal road freight transport to intermodal road–rail freight tra," Journal of Business Economics, Springer, vol. 87(8), pages 1083-1123, November.
    • Handle: RePEc:spr:jbecon:v:87:y:2017:i:8:d:10.1007_s11573-017-0847-7
    DOI: 10.1007/s11573-017-0847-7
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s11573-017-0847-7
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1007/s11573-017-0847-7?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Cen, Ling & Hilary, Gilles & Wei, K. C. John, 2013. "The Role of Anchoring Bias in the Equity Market: Evidence from Analysts’ Earnings Forecasts and Stock Returns," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 48(1), pages 47-76, February.
    2. Ulrich Schmidt & Horst Zank, 2008. "Risk Aversion in Cumulative Prospect Theory," Management Science, INFORMS, vol. 54(1), pages 208-216, January.
    3. Bergantino, Angela Stefania & Bolis, Simona, 2004. "An analysis of maritime ro-ro freight transport service attributes through adaptive stated preference: an application to a sample of freight forwarders," European Transport \ Trasporti Europei, ISTIEE, Institute for the Study of Transport within the European Economic Integration, issue 25-26, pages 33-51.
    4. Bergantino, Angela S. & Bierlaire, Michel & Catalano, Mario & Migliore, Marco & Amoroso, Salvatore, 2013. "Taste heterogeneity and latent preferences in the choice behaviour of freight transport operators," Transport Policy, Elsevier, vol. 30(C), pages 77-91.
    5. Masiero, Lorenzo & Hensher, David A., 2010. "Analyzing loss aversion and diminishing sensitivity in a freight transport stated choice experiment," Transportation Research Part A: Policy and Practice, Elsevier, vol. 44(5), pages 349-358, June.
    6. Botond Kőszegi & Matthew Rabin, 2006. "A Model of Reference-Dependent Preferences," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 121(4), pages 1133-1165.
    7. Tversky, Amos & Kahneman, Daniel, 1992. "Advances in Prospect Theory: Cumulative Representation of Uncertainty," Journal of Risk and Uncertainty, Springer, vol. 5(4), pages 297-323, October.
    8. Roso, Violeta & Woxenius, Johan & Lumsden, Kenth, 2009. "The dry port concept: connecting container seaports with the hinterland," Journal of Transport Geography, Elsevier, vol. 17(5), pages 338-345.
    9. Konings, J. W., 1996. "Integrated centres for the transshipment, storage, collection and distribution of goods : A survey of the possibilities for a high-quality intermodal transport concept," Transport Policy, Elsevier, vol. 3(1-2), pages 3-11.
    10. Botond Kőszegi & Paul Heidhues, 2008. "Competition and Price Variation When Consumers Are Loss Averse," American Economic Review, American Economic Association, vol. 98(4), pages 1245-1268, September.
    11. Amos Tversky & Daniel Kahneman, 1991. "Loss Aversion in Riskless Choice: A Reference-Dependent Model," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 106(4), pages 1039-1061.
    12. Booij, Adam S. & van de Kuilen, Gijs, 2009. "A parameter-free analysis of the utility of money for the general population under prospect theory," Journal of Economic Psychology, Elsevier, vol. 30(4), pages 651-666, August.
    13. Janic, Milan, 2008. "An assessment of the performance of the European long intermodal freight trains (LIFTS)," Transportation Research Part A: Policy and Practice, Elsevier, vol. 42(10), pages 1326-1339, December.
    14. Irène Kilubi & Hans-Dietrich Haasis, 2016. "26 Years of Strategic Technology Partnering: Investigating Trends, Patterns and Future Prospects in Research Through Frequency Analysis," International Journal of Innovation and Technology Management (IJITM), World Scientific Publishing Co. Pte. Ltd., vol. 13(02), pages 1-44, April.
    15. Briesch, Richard A, et al, 1997. "A Comparative Analysis of Reference Price Models," Journal of Consumer Research, Journal of Consumer Research Inc., vol. 24(2), pages 202-214, September.
    16. Lichtenstein, Donald R & Bearden, William O, 1989. "Contextual Influences on Perceptions of Merchant-Supplied Reference Prices," Journal of Consumer Research, Journal of Consumer Research Inc., vol. 16(1), pages 55-66, June.
    17. Trevis Certo, S. & Connelly, Brian L. & Tihanyi, Laszlo, 2008. "Managers and their not-so rational decisions," Business Horizons, Elsevier, vol. 51(2), pages 113-119.
    18. Rob Konings & Hugo Priemus & Peter Nijkamp (ed.), 2008. "The Future of Intermodal Freight Transport," Books, Edward Elgar Publishing, number 3738.
    19. Dalla Chiara, Bruno & Deflorio, Francesco Paolo & Spione, Domenico, 2008. "The rolling road between the Italian and French Alps: modeling the modal split," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 44(6), pages 1162-1174, November.
    20. Truschkin, Eugen & Elbert, Ralf, 2013. "Horizontal transshipment technologies as enablers of combined transport: Impact of transport policies on the modal split," Transportation Research Part A: Policy and Practice, Elsevier, vol. 49(C), pages 91-109.
    21. Baindur, Deepak & Viegas, José Manuel, 2011. "An agent based model concept for assessing modal share in inter-regional freight transport markets," Journal of Transport Geography, Elsevier, vol. 19(6), pages 1093-1105.
    22. Danielis, Romeo & Marcucci, Edoardo, 2007. "Attribute cut-offs in freight service selection," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 43(5), pages 506-515, September.
    23. Lee, Jongsu & Cho, Youngsang, 2009. "Demand forecasting of diesel passenger car considering consumer preference and government regulation in South Korea," Transportation Research Part A: Policy and Practice, Elsevier, vol. 43(4), pages 420-429, May.
    24. Herbert A. Simon, 1955. "A Behavioral Model of Rational Choice," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 69(1), pages 99-118.
    25. Daniel Kahneman & Amos Tversky, 2013. "Prospect Theory: An Analysis of Decision Under Risk," World Scientific Book Chapters, in: Leonard C MacLean & William T Ziemba (ed.), HANDBOOK OF THE FUNDAMENTALS OF FINANCIAL DECISION MAKING Part I, chapter 6, pages 99-127, World Scientific Publishing Co. Pte. Ltd..
    26. Verma, Manish & Verter, Vedat, 2010. "A lead-time based approach for planning rail-truck intermodal transportation of dangerous goods," European Journal of Operational Research, Elsevier, vol. 202(3), pages 696-706, May.
    27. Daniel Kahneman & Jack L. Knetsch & Richard H. Thaler, 1991. "Anomalies: The Endowment Effect, Loss Aversion, and Status Quo Bias," Journal of Economic Perspectives, American Economic Association, vol. 5(1), pages 193-206, Winter.
    28. Fredrik Bärthel & Johan Woxenius, 2004. "Developing intermodal transport for small flows over short distances," Transportation Planning and Technology, Taylor & Francis Journals, vol. 27(5), pages 403-424, October.
    29. Rich, J. & Holmblad, P.M. & Hansen, C.O., 2009. "A weighted logit freight mode-choice model," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 45(6), pages 1006-1019, November.
    30. Woxenius, Johan, 2007. "Alternative transport network designs and their implications for intermodal transhipment technologies," European Transport \ Trasporti Europei, ISTIEE, Institute for the Study of Transport within the European Economic Integration, issue 35, pages 27-45.
    31. Danielis, Romeo & Marcucci, Edoardo & Rotaris, Lucia, 2005. "Logistics managers' stated preferences for freight service attributes," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 41(3), pages 201-215, May.
    32. Reis, Vasco, 2014. "Analysis of mode choice variables in short-distance intermodal freight transport using an agent-based model," Transportation Research Part A: Policy and Practice, Elsevier, vol. 61(C), pages 100-120.
    33. Y Bouchery & Jan C Fransoo, 2015. "Cost, carbon emissions and modal shift in intermodal network design decisions," Post-Print hal-01954452, HAL.
    34. Shinghal, Nalin & Fowkes, Tony, 2002. "Freight mode choice and adaptive stated preferences," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 38(5), pages 367-378, September.
    35. Daniel Kahneman, 2003. "Maps of Bounded Rationality: Psychology for Behavioral Economics," American Economic Review, American Economic Association, vol. 93(5), pages 1449-1475, December.
    36. Kim, Nam Seok & Van Wee, Bert, 2011. "The relative importance of factors that influence the break-even distance of intermodal freight transport systems," Journal of Transport Geography, Elsevier, vol. 19(4), pages 859-875.
    37. Yvonne Bontekoning & Hugo Priemus, 2004. "Breakthrough innovations in intermodal freight transport," Transportation Planning and Technology, Taylor & Francis Journals, vol. 27(5), pages 335-345, October.
    38. Racunica, Illia & Wynter, Laura, 2005. "Optimal location of intermodal freight hubs," Transportation Research Part B: Methodological, Elsevier, vol. 39(5), pages 453-477, June.
    39. Bruce G. S. Hardie & Eric J. Johnson & Peter S. Fader, 1993. "Modeling Loss Aversion and Reference Dependence Effects on Brand Choice," Marketing Science, INFORMS, vol. 12(4), pages 378-394.
    40. Gerard P. Hodgkinson & Nicola J. Bown & A. John Maule & Keith W. Glaister & Alan D. Pearman, 1999. "Breaking the frame: an analysis of strategic cognition and decision making under uncertainty," Strategic Management Journal, Wiley Blackwell, vol. 20(10), pages 977-985, October.
    41. Adaval, Rashmi & Monroe, Kent B, 2002. "Automatic Construction and Use of Contextual Information for Product and Price Evaluations," Journal of Consumer Research, Journal of Consumer Research Inc., vol. 28(4), pages 572-588, March.
    42. Peter Jarnebrant & Olivier Toubia & Eric Johnson, 2009. "The Silver Lining Effect: Formal Analysis and Experiments," Management Science, INFORMS, vol. 55(11), pages 1832-1841, November.
    43. Nozick, Linda K. & Morlok, Edward K., 1997. "A model for medium-term operations planning in an intermodal rail-truck service," Transportation Research Part A: Policy and Practice, Elsevier, vol. 31(2), pages 91-107, March.
    44. Wright, George & Goodwin, Paul, 2009. "Decision making and planning under low levels of predictability: Enhancing the scenario method," International Journal of Forecasting, Elsevier, vol. 25(4), pages 813-825, October.
    45. Spiegler, Ran, 2014. "Bounded Rationality and Industrial Organization," OUP Catalogue, Oxford University Press, number 9780199334261.
    46. Mohammed Abdellaoui & Olivier L'Haridon & Corina Paraschiv, 2011. "Experienced vs. Described Uncertainty: Do We Need Two Prospect Theory Specifications?," Management Science, INFORMS, vol. 57(10), pages 1879-1895, October.
    47. Lyle Brenner & Yuval Rottenstreich & Sanjay Sood & Baler Bilgin, 2007. "On the Psychology of Loss Aversion: Possession, Valence, and Reversals of the Endowment Effect," Journal of Consumer Research, Journal of Consumer Research Inc., vol. 34(3), pages 369-376, May.
    48. Arunotayanun, Kriangkrai & Polak, John W., 2011. "Taste heterogeneity and market segmentation in freight shippers' mode choice behaviour," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 47(2), pages 138-148, March.
    49. Suzuki, Yoshinori & Crum, Michael R. & Pautsch, Gregory R., 2009. "Predicting truck driver turnover," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 45(4), pages 538-550, July.
    50. Faruk Gul & Wolfgang Pesendorfer, 2005. "The Revealed Preference Theory of Changing Tastes," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 72(2), pages 429-448.
    51. Crainic, Teodor Gabriel & Laporte, Gilbert, 1997. "Planning models for freight transportation," European Journal of Operational Research, Elsevier, vol. 97(3), pages 409-438, March.
    52. Truschkin, E. & Elbert, R. & Günter, A., 2014. "Is transport subcontracting a barrier to modal shift? Empirical evidence from Germany in the context of horizontal transshipment technologies," Publications of Darmstadt Technical University, Institute for Business Studies (BWL) 66161, Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute for Business Studies (BWL).
    53. Leandro García-Menéndez & Inmaculada Martínez-Zarzoso & Delia Pinero De Miguel, 2004. "Determinants of Mode Choice between Road and Shipping for Freight Transport: Evidence for Four Spanish Exporting Sectors," Journal of Transport Economics and Policy, University of Bath, vol. 38(3), pages 447-466, September.
    54. Cullinane, Kevin & Toy, Neal, 2000. "Identifying influential attributes in freight route/mode choice decisions: a content analysis," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 36(1), pages 41-53, March.
    55. Macharis, Cathy & Van Hoeck, Ellen & Pekin, Ethem & van Lier, Tom, 2010. "A decision analysis framework for intermodal transport: Comparing fuel price increases and the internalisation of external costs," Transportation Research Part A: Policy and Practice, Elsevier, vol. 44(7), pages 550-561, August.
    56. repec:dar:wpaper:65450 is not listed on IDEAS
    57. Forkenbrock, David J., 2001. "Comparison of external costs of rail and truck freight transportation," Transportation Research Part A: Policy and Practice, Elsevier, vol. 35(4), pages 321-337, May.
    58. Robert C. Blattberg & Kenneth J. Wisniewski, 1989. "Price-Induced Patterns of Competition," Marketing Science, INFORMS, vol. 8(4), pages 291-309.
    59. Ballis, Athanasios & Golias, John, 2002. "Comparative evaluation of existing and innovative rail-road freight transport terminals," Transportation Research Part A: Policy and Practice, Elsevier, vol. 36(7), pages 593-611, August.
    60. Bouchery, Yann & Fransoo, Jan, 2015. "Cost, carbon emissions and modal shift in intermodal network design decisions," International Journal of Production Economics, Elsevier, vol. 164(C), pages 388-399.
    61. T.K. Das & Bing‐Sheng Teng, 1999. "Cognitive Biases and Strategic Decision Processes: An Integrative Perspective," Journal of Management Studies, Wiley Blackwell, vol. 36(6), pages 757-778, November.
    62. Tsamboulas, Dimitrios & Vrenken, Huub & Lekka, Anna-Maria, 2007. "Assessment of a transport policy potential for intermodal mode shift on a European scale," Transportation Research Part A: Policy and Practice, Elsevier, vol. 41(8), pages 715-733, October.
    63. SteadieSeifi, M. & Dellaert, N.P. & Nuijten, W. & Van Woensel, T. & Raoufi, R., 2014. "Multimodal freight transportation planning: A literature review," European Journal of Operational Research, Elsevier, vol. 233(1), pages 1-15.
    64. Kahneman, Daniel, 1992. "Reference points, anchors, norms, and mixed feelings," Organizational Behavior and Human Decision Processes, Elsevier, vol. 51(2), pages 296-312, March.
    65. Schmidt, Ulrich & Traub, Stefan, 2002. "An Experimental Test of Loss Aversion," Journal of Risk and Uncertainty, Springer, vol. 25(3), pages 233-249, November.
    66. Amos Tversky & Itamar Simonson, 1993. "Context-Dependent Preferences," Management Science, INFORMS, vol. 39(10), pages 1179-1189, October.
    67. Rondinelli, Dennis & Berry, Michael, 2000. "Multimodal transportation, logistics, and the environment: managing interactions in a global economy," European Management Journal, Elsevier, vol. 18(4), pages 398-410, August.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Shankar, Ravi & Pathak, Devendra Kumar & Choudhary, Devendra, 2019. "Decarbonizing freight transportation: An integrated EFA-TISM approach to model enablers of dedicated freight corridors," Technological Forecasting and Social Change, Elsevier, vol. 143(C), pages 85-100.
    2. Sara Rogerson & Vendela Santén & Uni Sallnäs, 2021. "The Influence of Power and Trust on the Initiation and Duration of Modal Shift Solutions," Sustainability, MDPI, vol. 13(7), pages 1-19, March.
    3. Aalok Kumar & Ramesh Anbanandam, 2020. "A Flexible Policy Framework for Analysing Multimodal Freight Transportation System in India: SAP–LAP and Efficient IRP Method," Global Journal of Flexible Systems Management, Springer;Global Institute of Flexible Systems Management, vol. 21(1), pages 35-52, March.
    4. Kumar, Aalok & Anbanandam, Ramesh, 2020. "Evaluating the interrelationships among inhibitors to intermodal railroad freight transport in emerging economies: A multi-stakeholder perspective," Transportation Research Part A: Policy and Practice, Elsevier, vol. 132(C), pages 559-581.
    5. Verena Maria Stockhammer & Sarah Pfoser & Karin Markvica & Jürgen Zajicek & Matthias Prandtstetter, 2021. "Behavioural Biases Distorting the Demand for Environmentally Friendly Freight Transport Modes: An Overview and Potential Measures," Sustainability, MDPI, vol. 13(21), pages 1-34, October.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Kumar, Aalok & Anbanandam, Ramesh, 2020. "Evaluating the interrelationships among inhibitors to intermodal railroad freight transport in emerging economies: A multi-stakeholder perspective," Transportation Research Part A: Policy and Practice, Elsevier, vol. 132(C), pages 559-581.
    2. Truschkin, Eugen & Elbert, Ralf, 2013. "Horizontal transshipment technologies as enablers of combined transport: Impact of transport policies on the modal split," Transportation Research Part A: Policy and Practice, Elsevier, vol. 49(C), pages 91-109.
    3. Kurtuluş, Ercan & Çetin, İsmail Bilge, 2020. "Analysis of modal shift potential towards intermodal transportation in short-distance inland container transport," Transport Policy, Elsevier, vol. 89(C), pages 24-37.
    4. Reis, Vasco, 2014. "Analysis of mode choice variables in short-distance intermodal freight transport using an agent-based model," Transportation Research Part A: Policy and Practice, Elsevier, vol. 61(C), pages 100-120.
    5. Simon Gächter & Eric J. Johnson & Andreas Herrmann, 2022. "Individual-level loss aversion in riskless and risky choices," Theory and Decision, Springer, vol. 92(3), pages 599-624, April.
    6. Snežana Tadić & Milovan Kovač & Mladen Krstić & Violeta Roso & Nikolina Brnjac, 2021. "The Selection of Intermodal Transport System Scenarios in the Function of Southeastern Europe Regional Development," Sustainability, MDPI, vol. 13(10), pages 1-25, May.
    7. Committee, Nobel Prize, 2017. "Richard H. Thaler: Integrating Economics with Psychology," Nobel Prize in Economics documents 2017-1, Nobel Prize Committee.
    8. Simon Gaechter & Eric Johnson & Andreas Herrmann, 2007. "Individual-Level Loss Aversion In Riskless And Risky Choices," Discussion Papers 2007-02, The Centre for Decision Research and Experimental Economics, School of Economics, University of Nottingham.
    9. Alex Markle & George Wu & Rebecca White & Aaron Sackett, 2018. "Goals as reference points in marathon running: A novel test of reference dependence," Journal of Risk and Uncertainty, Springer, vol. 56(1), pages 19-50, February.
    10. Ahrens, Steffen & Pirschel, Inske & Snower, Dennis J., 2017. "A theory of price adjustment under loss aversion," Journal of Economic Behavior & Organization, Elsevier, vol. 134(C), pages 78-95.
    11. Pranav Jindal, 2015. "Risk Preferences and Demand Drivers of Extended Warranties," Marketing Science, INFORMS, vol. 34(1), pages 39-58, January.
    12. Eduard Marinov, 2017. "The 2017 Nobel Prize in Economics," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 6, pages 117-159.
    13. Neumann, Nico & Böckenholt, Ulf, 2014. "A Meta-analysis of Loss Aversion in Product Choice," Journal of Retailing, Elsevier, vol. 90(2), pages 182-197.
    14. Kim, Kyungah & Lee, Jongsu & Kim, Junghun, 2021. "Can liquefied petroleum gas vehicles join the fleet of alternative fuel vehicles? Implications of transportation policy based on market forecast and environmental impact," Energy Policy, Elsevier, vol. 154(C).
    15. Sinem Tokcaer & Özgür Özpeynirci, 2018. "A bi-objective multimodal transportation planning problem with an application to a petrochemical ethylene manufacturer," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 20(1), pages 72-88, March.
    16. Verena Maria Stockhammer & Sarah Pfoser & Karin Markvica & Jürgen Zajicek & Matthias Prandtstetter, 2021. "Behavioural Biases Distorting the Demand for Environmentally Friendly Freight Transport Modes: An Overview and Potential Measures," Sustainability, MDPI, vol. 13(21), pages 1-34, October.
    17. Jonathan Chapman & Erik Snowberg & Stephanie Wang & Colin Camerer, 2018. "Loss Attitudes in the U.S. Population: Evidence from Dynamically Optimized Sequential Experimentation (DOSE)," NBER Working Papers 25072, National Bureau of Economic Research, Inc.
    18. Pedro Bordalo & Nicola Gennaioli & Andrei Shleifer, 2013. "Salience and Consumer Choice," Journal of Political Economy, University of Chicago Press, vol. 121(5), pages 803-843.
    19. Ulrich Schmidt & Horst Zank, 2012. "A genuine foundation for prospect theory," Journal of Risk and Uncertainty, Springer, vol. 45(2), pages 97-113, October.
    20. Jacobs Martin, 2016. "Accounting for Changing Tastes: Approaches to Explaining Unstable Individual Preferences," Review of Economics, De Gruyter, vol. 67(2), pages 121-183, August.

    More about this item

    Keywords

    Intermodal road–rail freight transport; Mode choice decision making; Prospect theory; Behavioral biases;
    All these keywords.

    JEL classification:

    • L2 - Industrial Organization - - Firm Objectives, Organization, and Behavior
    • L92 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Railroads and Other Surface Transportation
    • R4 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:jbecon:v:87:y:2017:i:8:d:10.1007_s11573-017-0847-7. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.