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Previous literature on the distribution of willingness to pay has focused on its heterogeneity distribution without addressing exact interval estimation. In this paper we derive and analyze Bayesian confidence sets for quantifying uncertainty in the determination of willingness to pay for carbon...
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In this article we evaluate the impacts of travel demand management strategies to reduce the share of automobiles as a commuting mode by using stated preference data. The analysis is carried out on university members in Quebec City. We measure the impact of travel time and cost as well as...
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Since standard vehicles are powered by internal combustion mechanisms that rely on fossil fuels, electric vehicles that are propelled by one or more electric engines have been proposed as an alternative to promote sustainable personal transportation. In this paper we propose a general demand...
Persistent link: https://www.econbiz.de/10010588133
Range anxiety – consumers’ concerns about limited driving range – is generally considered an important barrier to the adoption of electric vehicles. If consumers cannot overcome these fears it is unlikely that they will consider purchasing an electric car. Hence, a successful introduction...
Persistent link: https://www.econbiz.de/10010678891
In this paper, we review both the fundamentals and the expansion of computational Bayesian econometrics and statistics applied to transportation modeling problems in road safety analysis and travel behavior. Whereas for analyzing accident risk in transportation networks there has been a...
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