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Theoretical and empirical studies of consumer scheduling behavior in commuting, and the associated valuation of time and schedule delays usually ignore that consumers have more exibility to adjust their schedule in the longer run than in the shorter run, implying that also these valuations may...
Persistent link: https://www.econbiz.de/10013117239
Persistent link: https://www.econbiz.de/10009720697
We present a survey design that generalizes static conjoint experiments to elicit inter-temporal adoption decisions for durable goods. We show that consumers' utility and discount functions in a dynamic discrete choice model are jointly identified using data generated by this specific design. In...
Persistent link: https://www.econbiz.de/10013065497
collected during large-scale peak avoidance experiment conducted in the Netherlands, in which participants could earn monetary … rewards for traveling outside peak hours. The experiment included ca. 1000 participants and lasted for about 6 months. Holders … of an annual train pass were invited to join the experiment, and a customized smartphone app was used to measure the …
Persistent link: https://www.econbiz.de/10011295719
We propose a method to quantify other-regarding preferences in group decisions. Our method is based on revealed preference theory. It measures willingness-to- pay for others’ consumption and willingness-to-pay for equality in consumption by evaluating consumption externalities in monetary...
Persistent link: https://www.econbiz.de/10011801805
This paper proposes an alternative, dynamic framework for estimatingtime-varying values of travel time savings and values of schedule delay, in whichtime-preferences are represented as the time-varying excess willingness to pay(EWPT) to being in the one location, over being elsewhere. It is...
Persistent link: https://www.econbiz.de/10011372988
We apply recent econometric advances to study the distribution of commuters' preferences for speedy and reliable highway travel. Our analysis applies mixed logit to combined revealed and stated preference data on commuter choices of whether to pay a toll for congestion free express travel. We...
Persistent link: https://www.econbiz.de/10014065475
Using a stated choice experiment, we find that a prime that makes environmental identity salient makes people behave …. Methodologically, our study combines for the first time a priming experi-ment with a stated choice (SC) experiment and uses a …
Persistent link: https://www.econbiz.de/10012309732
restrictions on their electricity use. We use a split-sample choice experiment (CE) and ask respondents to choose between their …
Persistent link: https://www.econbiz.de/10012289119
choice experiment. We employ a latent class analysis of a nationally representative sample of Irish households to identify …, perceived behavioral control and intention to install heat pump. Furthermore, we conduct a discrete choice experiment with a …
Persistent link: https://www.econbiz.de/10012137494