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Title: Identifying Preferences For Public Transport Investments Under A Constrained Budget
Accession Number: 01551758
Record Type: Component
Availability: Transportation Research Board Business Office 500 Fifth Street, NW Abstract: As urban areas face increasing demands for new transport infrastructure to promote a sustainable future with an increasing reality of constrained government budgets, it is no longer practical to assume that rail and bus based modes are perfect substitutes for a particular transport solution, and to take account of community preferences as if there is no budget constraint. This paper presents a stated choice experiment to investigate this context as two unlabelled options described by 20 potential drivers of community preferences for improved public transport, where each choice scenario is conditioned on an estimated construction cost and a total annual transport infrastructure budget for the relevant geographical jurisdiction. This is followed by a labelling of each alternative to reveal whether the option is bus rapid transit (BRT) or light rail (LRT) and to establish whether this additional information influences preference revision. Data is collected in all eight capital cities of Australia in mid 2014. Mixed logit models with heteroscedastic conditioning provide new evidence on the nature and extent of community modal bias in a budget-constrained choice setting. The conclusions are twofold. First, if a fully compensatory choice rule is assumed, LRT is predominantly preferred over BRT despite budgetary constraints, similarities in quality of service attributes and the opportunity to choose a greater network coverage for a given construction cost. Second, if attribute non-attendance (a semi-compensatory choice rule) is allowed for, the modal bias is no longer a significant driver of preferences.
Supplemental Notes: This paper was sponsored by TRB committee AP025 Public Transportation Planning and Development.
Monograph Title: Monograph Accession #: 01550057
Report/Paper Numbers: 15-0875
Language: English
Corporate Authors: Transportation Research Board 500 Fifth Street, NW Authors: Hensher, DavidHo, ChinhMulley, CorinnePagination: 14p
Publication Date: 2015
Conference:
Transportation Research Board 94th Annual Meeting
Location:
Washington DC, United States Media Type: Digital/other
Features: Figures; References; Tables
TRT Terms: Geographic Terms: Subject Areas: Administration and Management; Finance; Planning and Forecasting; Public Transportation; I10: Economics and Administration
Source Data: Transportation Research Board Annual Meeting 2015 Paper #15-0875
Files: TRIS, TRB, ATRI
Created Date: Dec 30 2014 12:23PM
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