Modeling politicians' preferences for road pricing policies: A regret-based and utilitarian perspective

Caspar Chorus, Jan Anne Annema, Niek Mouter and Bert van Wee

Transport Policy, 2011, vol. 18, issue 6, 856-861

Abstract: This paper presents the results of a stated choice-study among Dutch local politicians in the context of road pricing policies. Politicians were asked to express their preferences for policy-options that differed in terms of (i) emissions reduction, (ii) congestion reduction, (iii) operational costs, (iv) acceptability among the general public and (v) acceptability among retailers. Utility-maximization-based and regret-minimization-based discrete choice models were estimated, and their results compared, on 238 stated choices made by members of Dutch city-councils. The estimated models allow for the evaluation of the popularity of different road pricing scenarios among Dutch local politicians, as a function of their performance in terms of the above-mentioned criteria.

Keywords: Politicians'; preferences; Road; pricing; Stated; choice; Random; Regret; Minimization (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (10)

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