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| Author: | McDonnell, S. Ferriera, S. Convery, F. |
| Title: | Bus priority provision and willingness to pay differentials resulting from modal choice and residential location: evidence from a stated choice survey |
| Journal: | Journal of Transport Economics and Policy
2009 : MAY, VOL. 43:2, p. 213-234 |
| Index terms: | public transport Irish Republic consumer choice surveys |
| Language: | eng |
| Abstract: | Disaggregated analysis of bus priority measures is still a largely unexplored research area in transport. This article investigates such a scheme in Dublin, Ireland using a random parameters logit (RPL) specification for a stated choice survey containing 1,000 catchment area residents. Welfare estimates connected with changes in seven bus-related attributes are established. Results suggest that respondents are willing to pay large amounts for large improvements in journey times and also for improved comfort attributes. Nevertheless, there are divergences in estimates associated with respondent model choice and experience with the policy suggesting internalisation of certain bus service improvements for existing users. |
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