The WTP for Facilities at the Amsterdam Zuidas
AbstractThis paper reports the results of a stated preference study investigating the Willingness-to-pay (WTP) of employees at the Amsterdam Zuidas for the presence of non-shopping and shopping facilities. The Amsterdam Zuidas area, surrounding the current train-metro-tram station Amsterdam Zuid World-Trade-Centre, is the largest multifunctional land use project currently under development in The Netherlands. For non-shopping facilities, the results show that employees have the highest WTP for the presence of day-care centres and public transport facilities, and the lowest for public and recreation facilities. The average WTP for the presence of non-shopping facilities amounts to approximately € 29 per month per employee. The WTP for the presence of shopping facilities is estimated at € 16 per month per employee on average, and is in absolute value highest for supermarkets and lowest for hairdressers and dry cleaners.
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Bibliographic InfoPaper provided by Tinbergen Institute in its series Tinbergen Institute Discussion Papers with number 05-090/3.
Date of creation: 12 Oct 2005
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Multifunctional Land Use; Roy's Selection Model; Stated Preference Survey; Willingness to Pay;
Other versions of this item:
- C42 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Survey Methods
- R14 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Land Use Patterns
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