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Title:

The Valuation of Environmental Effects and Travel Time from a Consumer and Citizen Perspective

Accession Number:

01662989

Record Type:

Component

Abstract:

Cost-Benefit Analysis (CBA) is a widely applied tool for the appraisal of transport projects. Environmental effects of transport projects have a weak position in CBA because they are frequently omitted or not monetised. Various scholars argue that the weak position of environmental effects results from CBA’s postulation that an individual’s preferences are restricted by willingness to pay in (hypothetical) markets (‘consumer sovereignty’). These scholars argue that the way individuals trade-off personal after tax income and effects of public projects as consumer may be a poor proxy for how the same individuals in their role as citizen believe that government should trade-off tax money and effects of public projects. The purpose of the authors' study is to gain empirical insight into the extent to which individuals make different trade-offs as consumer and citizen between environmental effects and travel time savings, by conducting four stated choice experiments in which respondents are asked to choose between hypothetical routes for a new road between two municipalities as consumer or as citizen. The authors' results suggest that respondents to some extent make different trade-offs between environmental effects and travel time as consumer and citizen. Individuals in their role as citizen assign more value to ‘number of households experiencing noise pollution from traffic’ than ‘travel time’ when compared to their consumer choices. Moreover, individuals do not seem to trade-off ‘travel time’ and ‘number of hedgehogs living in the national park’ differently as consumer and citizen.

Supplemental Notes:

This paper was sponsored by TRB committee ABE20 Standing Committee on Transportation Economics.

Report/Paper Numbers:

18-04417

Language:

English

Authors:

Mouter, Niek
Cabral, Manuel Ojeda
Dekker, Thijs
van Cranenburgh, Sander

Pagination:

16p

Publication Date:

2018

Conference:

Transportation Research Board 97th Annual Meeting

Location: Washington DC, United States
Date: 2018-1-7 to 2018-1-11
Sponsors: Transportation Research Board

Media Type:

Digital/other

Features:

Figures; References; Tables

Uncontrolled Terms:

Citizenship

Subject Areas:

Economics; Environment; Planning and Forecasting; Transportation (General)

Source Data:

Transportation Research Board Annual Meeting 2018 Paper #18-04417

Files:

TRIS, TRB, ATRI

Created Date:

Jan 8 2018 11:05AM