Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
Freeway drivers’ willingness-to-pay for a distance-based toll rate
Highlights ► We apply the contingent valuation method to estimate the willing-to-pay toll rate. ► The spike model is adopted to avoid estimation errors. ► Three models for short, medium and long travel distance are estimated and compared.
Abstract This paper applies the contingent valuation method to investigate and estimate the toll rate that freeway drivers are willing-to-pay (WTP) for each unit of distance they travel, after switching from per-entry based to distance-based tolling system. Due to a large portion of respondents who are unwilling to pay a toll at all, we adopt the spike model to avoid estimation errors. The estimation results show that average willingness to pay toll is TWD Note: 30.04 Taiwanese Dollars (TWD) was equivalent to $1 USD (October, 2011). 1 0.86/km, which can be refined further to TWD 0.81/km for short distance travelers, TWD 0.93/km for medium distance travelers, and TWD 0.97/km for long distance travelers. Additionally, the WTP toll rate of short distance travelers is significantly different on public holidays but not during peak hours. In contrast, the WTP toll rates of medium and long distance travelers significantly different during peak hours but not on public holidays.
Freeway drivers’ willingness-to-pay for a distance-based toll rate
Highlights ► We apply the contingent valuation method to estimate the willing-to-pay toll rate. ► The spike model is adopted to avoid estimation errors. ► Three models for short, medium and long travel distance are estimated and compared.
Abstract This paper applies the contingent valuation method to investigate and estimate the toll rate that freeway drivers are willing-to-pay (WTP) for each unit of distance they travel, after switching from per-entry based to distance-based tolling system. Due to a large portion of respondents who are unwilling to pay a toll at all, we adopt the spike model to avoid estimation errors. The estimation results show that average willingness to pay toll is TWD Note: 30.04 Taiwanese Dollars (TWD) was equivalent to $1 USD (October, 2011). 1 0.86/km, which can be refined further to TWD 0.81/km for short distance travelers, TWD 0.93/km for medium distance travelers, and TWD 0.97/km for long distance travelers. Additionally, the WTP toll rate of short distance travelers is significantly different on public holidays but not during peak hours. In contrast, the WTP toll rates of medium and long distance travelers significantly different during peak hours but not on public holidays.
Freeway drivers’ willingness-to-pay for a distance-based toll rate
Jou, Rong-Chang (Autor:in) / Chiou, Yu-Chiun (Autor:in) / Chen, Ke-Hong (Autor:in) / Tan, Hao-I (Autor:in)
Transportation Research Part A: Policy and Practice ; 46 ; 549-559
29.11.2011
11 pages
Aufsatz (Zeitschrift)
Elektronische Ressource
Englisch
Freeway drivers’ willingness-to-pay for a distance-based toll rate
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