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A methodology to evaluate the prospects for the introduction of a Park&Buy service

Author

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  • Marcucci, Edoardo
  • Rotaris, Lucia
  • Paglione, Guido

Abstract

The paper analyses the potential for introducing a Park&Buy service in the city of Pesaro (Italy) along the lines of the pilot project introduced in Siena, Italy, in 2004. It attempts to empirically evaluate the preferences of the parties involved and derives some suggestions on the potential compromise solution via a specifically designed stated preference experiment, drawing from the literature on interactive agency discrete choice modelling. Although various theoretical and methodological issues are still open for discussion, the methodology proves useful in giving insights not only on the parties’ preference structure - as normally achieved by discrete choice models - but also on shopkeepers perception of customers’ preferences, on the room for bargaining, on each party’s influence on choice attributes and on the determinants of the probability of achieving a comprise solution.

Suggested Citation

  • Marcucci, Edoardo & Rotaris, Lucia & Paglione, Guido, 2009. "A methodology to evaluate the prospects for the introduction of a Park&Buy service," European Transport \ Trasporti Europei, ISTIEE, Institute for the Study of Transport within the European Economic Integration, issue 42, pages 26-46.
  • Handle: RePEc:sot:journl:y:2009:i:42:p:26-46
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    File URL: http://hdl.handle.net/10077/6128
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    References listed on IDEAS

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    1. Zhang, Junyi & Fujiwara, Akimasa, 2006. "Representing household time allocation behavior by endogenously incorporating diverse intra-household interactions: A case study in the context of elderly couples," Transportation Research Part B: Methodological, Elsevier, vol. 40(1), pages 54-74, January.
    2. Charles F. Manski, 2000. "Economic Analysis of Social Interactions," Journal of Economic Perspectives, American Economic Association, vol. 14(3), pages 115-136, Summer.
    3. Ann Brewer & David Hensher, 2000. "Distributed work and travel behaviour: The dynamics of interactive agency choices between employers and employees," Transportation, Springer, vol. 27(1), pages 117-148, February.
    4. William A. Brock & Steven N. Durlauf, 2001. "Discrete Choice with Social Interactions," Review of Economic Studies, Oxford University Press, vol. 68(2), pages 235-260.
    5. Brock,W.A. & Durlauf,S.N., 2003. "Multinomial choice with social interactions," Working papers 1, Wisconsin Madison - Social Systems.
    6. Donna Dosman & Wiktor Adamowicz, 2006. "Combining Stated and Revealed Preference Data to Construct an Empirical Examination of Intrahousehold Bargaining," Review of Economics of the Household, Springer, vol. 4(1), pages 15-34, March.
    7. Muthoo,Abhinay, 1999. "Bargaining Theory with Applications," Cambridge Books, Cambridge University Press, number 9780521576475, Fall.
    8. Kooreman, Peter & Soetevent, Adriaan, 2002. "A discrete choice model with social interactions: an analysis of high school teen behavior," CCSO Working Papers 200214, University of Groningen, CCSO Centre for Economic Research.
    9. John C. Harsanyi, 1955. "Cardinal Welfare, Individualistic Ethics, and Interpersonal Comparisons of Utility," Journal of Political Economy, University of Chicago Press, vol. 63, pages 309-309.
    10. repec:dgr:rugccs:200214 is not listed on IDEAS
    11. Zhang, Junyi & Timmermans, Harry J. P. & Borgers, Aloys, 2005. "A model of household task allocation and time use," Transportation Research Part B: Methodological, Elsevier, vol. 39(1), pages 81-95, January.
    12. John Gliebe & Frank Koppelman, 2002. "A model of joint activity participation between household members," Transportation, Springer, vol. 29(1), pages 49-72, February.
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    Cited by:

    1. Glenn W. Harrison & Jimmy Martínez-Correa, 2014. "Choice modeling and risk management," Chapters,in: Handbook of Choice Modelling, chapter 18, pages 413-426 Edward Elgar Publishing.

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