Abstract
Transport investments normally reduce travel times, but may also reduce unreliability. Conventional time gains can be evaluated in cost benefit analysis using standard values of time. For valuing reliability gains, however, no standard measures are readily available. The Dutch Ministry of Transport has commissioned a project to design a Stated Preference methodology. Reliability is a complex “academic” concept and it may be difficult to present and explain it to respondents. Therefore, a pilot study using in-depth face-to-face interviews has been carried out, in which various SP choice designs have been presented to the participants to test their understanding of the questions. In the end, we found a “best” design. But still, much care is needed for an acceptable response rate and to prevent illogical and inconsistent responses.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.