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Preference Heterogeneity and Willingness to Pay for Travel Time Savings


  • Francisco Amador
  • Rosa González
  • Juan Ortúzar



No abstract is available for this item.

Suggested Citation

  • Francisco Amador & Rosa González & Juan Ortúzar, 2005. "Preference Heterogeneity and Willingness to Pay for Travel Time Savings," Transportation, Springer, vol. 32(6), pages 627-647, November.
  • Handle: RePEc:kap:transp:v:32:y:2005:i:6:p:627-647 DOI: 10.1007/s11116-005-3734-y

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    References listed on IDEAS

    1. Algers, S. & Bergstrom, P. & Dahlberg, M. & Dillen, J.L., 1998. "Mixed Logit Estimation of the Value of Travel Time," Papers 1998:15, Uppsala - Working Paper Series.
    2. Alpizar, Francisco & Carlsson, Fredrik, 2003. "Policy implications and analysis of the determinants of travel mode choice: an application of choice experiments to metropolitan Costa Rica," Environment and Development Economics, Cambridge University Press, vol. 8(04), pages 603-619, October.
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    Cited by:

    1. Marva Stithou & Yiannis Kountouris & Phoebe Koundouri, "undated". "A Choice Experiments Application in Transport Infrastructure: A case study on travel time savings, accidents and pollution reduction," DEOS Working Papers 1116, Athens University of Economics and Business.
    2. Yáñez, M.F. & Raveau, S. & Ortúzar, J. de D., 2010. "Inclusion of latent variables in Mixed Logit models: Modelling and forecasting," Transportation Research Part A: Policy and Practice, Elsevier, vol. 44(9), pages 744-753, November.
    3. Maria Börjesson, 2014. "Inter-temporal variation in the travel time and travel cost parameters of transport models," Transportation, Springer, vol. 41(2), pages 377-396, March.
    4. Ibeas, A. & dell’Olio, L. & Bordagaray, M. & Ortúzar, J. de D., 2014. "Modelling parking choices considering user heterogeneity," Transportation Research Part A: Policy and Practice, Elsevier, vol. 70(C), pages 41-49.
    5. Van Rijsbergen, Bart & D’Exelle, Ben, 2013. "Delivery Care in Tanzania: A Comparative Analysis of Use and Preferences," World Development, Elsevier, vol. 43(C), pages 276-287.
    6. Francisco Amador & Rosa González & Juan Dios Ortúzar, 2008. "On Confounding Preference Heterogeneity and Income Effect in Discrete Choice Models," Networks and Spatial Economics, Springer, vol. 8(2), pages 97-108, September.
    7. Román, Concepción & Martín, Juan Carlos & Espino, Raquel & Cherchi, Elisabetta & Ortúzar, Juan de Dios & Rizzi, Luis Ignacio & González, Rosa Marina & Amador, Francisco Javier, 2014. "Valuation of travel time savings for intercity travel: The Madrid-Barcelona corridor," Transport Policy, Elsevier, vol. 36(C), pages 105-117.
    8. Mariel, Petr & Ayala, Amaya de & Hoyos, David & Abdullah, Sabah, 2013. "Selecting random parameters in discrete choice experiment for environmental valuation: A simulation experiment," Journal of choice modelling, Elsevier, vol. 7(C), pages 44-57.
    9. Sergio Colombo & Nick Hanley & Jordan Louviere, 2009. "Modeling preference heterogeneity in stated choice data: an analysis for public goods generated by agriculture," Agricultural Economics, International Association of Agricultural Economists, vol. 40(3), pages 307-322, May.
    10. Broberg, Thomas & Kazukauskas, Andrius, 2014. "Inefficiencies in residential use of energy - A critical overview of literature and energy efficiency policies in EU and Sweden," CERE Working Papers 2014:7, CERE - the Center for Environmental and Resource Economics.
    11. Juan Gomez & Anestis Papanikolaou & José Manuel Vassallo, 2017. "Users’ perceptions and willingness to pay in interurban toll roads: identifying differences across regions from a nationwide survey in Spain," Transportation, Springer, vol. 44(3), pages 449-474, May.
    12. Chenfeng Xiong & Lei Zhang, 2017. "Dynamic travel mode searching and switching analysis considering hidden model preference and behavioral decision processes," Transportation, Springer, vol. 44(3), pages 511-532, May.
    13. Bliemer, Michiel C.J. & Rose, John M., 2013. "Confidence intervals of willingness-to-pay for random coefficient logit models," Transportation Research Part B: Methodological, Elsevier, vol. 58(C), pages 199-214.
    14. Kiran Krishnamurthy, Chandra & Kriström, Bengt, 2013. "Determinants of the price-premium for Green Energy: Evidence from an OECD cross-section," CERE Working Papers 2013:7, CERE - the Center for Environmental and Resource Economics, revised 30 Jun 2014.
    15. Rojo, Marta & Gonzalo-Orden, Hernán & dell’Olio, Luigi & Ibeas, Ángel, 2012. "Relationship between service quality and demand for inter-urban buses," Transportation Research Part A: Policy and Practice, Elsevier, vol. 46(10), pages 1716-1729.
    16. Chandra Kiran B. Krishnamurthy & Bengt Kriström, 2016. "Determinants of the Price-Premium for Green Energy: Evidence from an OECD Cross-Section," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 64(2), pages 173-204, June.

    More about this item


    Bayesian methods; compensated variation; preference heterogeneity; random parameters logit; social welfare; subjective value of travel time; D61; C25; R41; C11; social welfare; subjective value of travel time;

    JEL classification:

    • D61 - Microeconomics - - Welfare Economics - - - Allocative Efficiency; Cost-Benefit Analysis
    • C25 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions; Probabilities
    • R41 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Transportation: Demand, Supply, and Congestion; Travel Time; Safety and Accidents; Transportation Noise
    • C11 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Bayesian Analysis: General


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