Que vaut la flexibilité des choix individuels de transport ?. Une étude de cas expérimental

Laurent Denant-Boèmont and Sabrina Hammiche

Economie & Prévision, 2008, vol. n° 182, issue 1, 97-111

Abstract: Our article reports an experimental study on the choice between rail and road freight transportation. We assume that the rail option involves some irreversibility, whereas the road choice is flexible. Building on this assumption about alternative individual choices, we construct a real-option model where traffic levels for each infrastructure are risky. We test these theoretical predictions. The important feature of our exercise is that we calibrate experimental payoffs on data abouttime cost, operatingcosts, and infrastructure tariffsin Frenchtransportation. Theresultsarethefollowing: (1) asthe model stands, price levels and the information level are significant determinants of choice; (2) subjects overreact to infrastructure price changes.

Date: 2008
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://www.cairn.info/load_pdf.php?ID_ARTICLE=ECOP_182_0097 (application/pdf)
http://www.cairn.info/revue-economie-et-prevision-1-2008-1-page-97.htm (text/html)
free

Related works:
Journal Article: Que vaut la flexibilité des choix individuels de transport ? Une étude de cas expérimental (2008)
Working Paper: Que vaut la flexibilité des choix individuels de transport ? Une étude de cas expérimental (2008)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cai:ecoldc:ecop_182_0097

Access Statistics for this article

More articles in Economie & Prévision from La Documentation Française
Bibliographic data for series maintained by Jean-Baptiste de Vathaire ().