Bus Priority Provision and Willingness to Pay Differentials Resulting from Modal Choice and Residential Location: Evidence from a Stated Choice Survey
AbstractDisaggregated analysis of bus priority measures remains a largely unexplored research area in transport. This research investigates such a scheme in Dublin, Ireland using a random parameters logit (RPL) specification for a stated choice survey of 1,000 catchment area residents. Welfare estimates associated with changes in seven bus-related attributes are established. Results indicate that respondents are willing to pay large amounts for large improvements in journey times and for improved comfort attributes. However, there are divergences in estimates associated with respondent model choice and experience with the policy - suggesting internalisation of some bus service improvements for existing users. © 2009 LSE and the University of Bath
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Bibliographic InfoArticle provided by London School of Economics and University of Bath in its journal Journal of Transport Economics and Policy.
Volume (Year): 43 (2009)
Issue (Month): 2 (May)
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Web page: http://www.bath.ac.uk/e-journals/jtep
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- Simon McDonnell & Brian Caulfield, 2011. "Measuring the Failure of Planning and Its Impact on Sustainable Travel in Dublin, Ireland," Energies, MDPI, Open Access Journal, vol. 4(5), pages 727-740, April.
- Bliemer, Michiel C.J. & Rose, John M., 2011. "Experimental design influences on stated choice outputs: An empirical study in air travel choice," Transportation Research Part A: Policy and Practice, Elsevier, vol. 45(1), pages 63-79, January.
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