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Hurried or Risk-adverse Travelers: who will Pay More for Multimodal Information?

Author

Listed:
  • Sophie Dantan

    (Université Paris-Saclay)

  • Julie Bulteau

    (LEMNA - Laboratoire d'économie et de management de Nantes Atlantique - IEMN-IAE Nantes - Institut d'Économie et de Management de Nantes - Institut d'Administration des Entreprises - Nantes - UN - Université de Nantes)

  • Isabelle Nicolaï

    (REEDS - Centre international de Recherches en Economie écologique, Eco-innovation et ingénierie du Développement Soutenable - UVSQ - Université de Versailles Saint-Quentin-en-Yvelines)

Abstract

By enabling the use of multimodal information by travelers, public policy can improve the use of soft travel modes and reduce the negative externalities of car use. However, such an eco-innovative multimodal information platform might only be efficient if travelers are willing to use it and pay for its development and update. To evaluate the relevance of the creation of a multimodal platform in the Plateau de Saclay – an area located 20 km south of Paris, very concerned by congestion – this paper measures workers' willingness to pay (WTP) for such a platform from a survey conducted in this area. A multinomial logit with unobserved heterogeneity is estimated to determine marginal WTP for the services that could potentially be provided by the platform. The respective effects of risk aversion and value of travel time on this marginal WTP are also investigated. Some gender differences in the evaluation of the platform and its trip planning are also apparent: men's WTP increases with their value of travel time and decreases with their risk aversion while women's WTP is mainly influenced by the constraints they may face when commuting

Suggested Citation

  • Sophie Dantan & Julie Bulteau & Isabelle Nicolaï, 2015. "Hurried or Risk-adverse Travelers: who will Pay More for Multimodal Information?," Post-Print hal-01710058, HAL.
    • Handle: RePEc:hal:journl:hal-01710058
    DOI: 10.1016/j.proeng.2015.07.355
    Note: View the original document on HAL open archive server: https://hal.science/hal-01710058
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    References listed on IDEAS

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    1. Nathalie Picard & Andre de Palma & Sophie Dantan, 2013. "Intra-Household Discrete Choice Models Of Mode Choice And Residential Location," Articles, International Journal of Transport Economics, vol. 40(3).
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    Cited by:

    1. Rémy Le Boennec & Isabelle Nicolaï & Pascal da Costa, 2018. "Implementing a two-step decision-aid tool for the assessment of new mobility offers in a spatial framework," Post-Print halshs-01942700, HAL.
    2. Cristina Pronello & Amandine Duboz & Valentina Rappazzo, 2017. "Towards Smarter Urban Mobility: Willingness to Pay for an Advanced Traveller Information System in Lyon," Sustainability, MDPI, vol. 9(10), pages 1-21, September.
    3. Le Boennec, Rémy & Nicolaï, Isabelle & Da Costa, Pascal, 2019. "Assessing 50 innovative mobility offers in low-density areas: A French application using a two-step decision-aid method," Transport Policy, Elsevier, vol. 83(C), pages 13-25.

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