This article describes an experiment which introduced random ranges into the variables used for the design of a stated preference survey and its effects on willingness to pay for parking. User behaviour at the time of parking was modelled to determine their willingness to pay in order to get to their final destination more quickly. Calculating willingness to pay is fundamental during the social and economic assessment of projects. It is important to correctly model how car parks and their users interact in order to get values which represent reality as closely as possible. Willingness to pay is calculated using a stated preference survey and by calibrating multinomial logit models, taking variable tastes into account. It is shown that a value with a low variability can be obtained for willingness to pay by correctly establishing the context of the choice and randomly changing the variables around an average value.
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February 2009
Research Article|
February 01 2009
Paying for parking: improving stated-preference surveys Available to Purchase
L. Dell'Olio, MEng, PhD, CEng;
L. Dell'Olio, MEng, PhD, CEng
Professor of Transport
University of Cantabria
Santander, Cantabria, Spain
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A. Ibeas, PhD, CEng;
A. Ibeas, PhD, CEng
Professor of Transport
University of Cantabria
Santander, Cantabria, Spain
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J. L. Moura, PhD, CEng
J. L. Moura, PhD, CEng
Professor of Transport
University of Cantabria
Santander, Cantabria, Spain
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Publisher: Emerald Publishing
Received:
July 10 2007
Accepted:
April 03 2008
Online ISSN: 1751-7710
Print ISSN: 0965-092X
© 2009 Thomas Telford Ltd
2009
Proceedings of the Institution of Civil Engineers - Transport (2009) 162 (1): 39–45.
Article history
Received:
July 10 2007
Accepted:
April 03 2008
Citation
Dell'Olio L, Ibeas A, Moura JL (2009), "Paying for parking: improving stated-preference surveys". Proceedings of the Institution of Civil Engineers - Transport, Vol. 162 No. 1 pp. 39–45, doi: https://doi.org/10.1680/tran.2009.162.1.39
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