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Title: Analyzing discrepancies between willingness to pay and willingness to accept for freight transport attributes
Authors: Feo-Valero, M.
Arencibia, Ana Isabel 
Román, Concepción 
UNESCO Clasification: 531212 Transportes y comunicaciones
531290 Economía sectorial: turismo
Keywords: Asymmetric preferences
Discrete choice experiments
Freight transport
Prospect theory
Reference alternative, et al
Issue Date: 2016
Journal: Transportation Research Part E: Logistics and Transportation Review 
Abstract: In this paper we use discrete choice data to analyze asymmetries in the preference for freight transport attributes. A reference dependent utility specification allowed us to test for the existence of substantial asymmetries in perception of the transport cost. Hence, the re-estimation of our models in the WTP/WTA space helped us to quantify significant discrepancies between the WTP and WTA for the attributes included in the choice experiment, namely transit time, service frequency and delays in delivery time. Results are deemed essential to define alternative services to road capable to attract substantial volumes of freight.
ISSN: 1366-5545
DOI: 10.1016/j.tre.2016.03.004
Source: Transportation Research Part E: Logistics and Transportation Review[ISSN 1366-5545],v. 89, p. 151-164
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