Hurried or Risk-adverse Travelers: who will Pay More for Multimodal Information?

Sophie Dantan, Julie Bulteau () and Isabelle Nicolaï
Additional contact information
Julie Bulteau: LEMNA - Laboratoire d'économie et de management de Nantes Atlantique - IEMN-IAE Nantes - Institut d'Économie et de Management de Nantes - Institut d'Administration des Entreprises - Nantes - UN - Université de Nantes

Post-Print from HAL

Abstract: By enabling the use of multimodal information by travelers, public policy can improve the use of soft travel modes and reduce the negative externalities of car use. However, such an eco-innovative multimodal information platform might only be efficient if travelers are willing to use it and pay for its development and update. To evaluate the relevance of the creation of a multimodal platform in the Plateau de Saclay – an area located 20 km south of Paris, very concerned by congestion – this paper measures workers' willingness to pay (WTP) for such a platform from a survey conducted in this area. A multinomial logit with unobserved heterogeneity is estimated to determine marginal WTP for the services that could potentially be provided by the platform. The respective effects of risk aversion and value of travel time on this marginal WTP are also investigated. Some gender differences in the evaluation of the platform and its trip planning are also apparent: men's WTP increases with their value of travel time and decreases with their risk aversion while women's WTP is mainly influenced by the constraints they may face when commuting

Keywords: User-centric model; Decision Aid; risk aversion; value of travel time; stated preference modeling; sustainable mobility (search for similar items in EconPapers)
Date: 2015
Note: View the original document on HAL open archive server: https://hal.science/hal-01710058
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Published in Procedia Engineering, 2015, Toward integrated modelling of urban systems, 115, pp.61-68. ⟨10.1016/j.proeng.2015.07.355⟩

Downloads: (external link)
https://hal.science/hal-01710058/document (application/pdf)

Related works:
Working Paper: Hurried or Risk-adverse Travelers: who will Pay More for Multimodal Information? (2015)
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:hal:journl:hal-01710058

DOI: 10.1016/j.proeng.2015.07.355

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().