Question

In: Civil Engineering

Design a stated preference survey for modeling the mode choice of commuters. There are three choices...

Design a stated preference survey for modeling the mode choice of commuters. There are three choices of modes: bus, rail, and ferry. Please address three alternative specific attributes in the hypothetical scenarios and three decision maker specific attributes in the survey questions.

Solutions

Expert Solution

Stated preference are an efficient method to analyze consumers’ evaluation of mode choice alternatives when there are hypothetical choice alternatives and new attributes. Let us develop a stated preference questionnaire for three modes of travel i.e bus, rail and ferry.

The most important thing while setting up a stated preference questionnaire is to understand the different attributes that contribute to a user choosing that mode. The three specific attributes I would keep in the survey questionnaire are

a) Travel Cost

b ) Travel time

c) No of changes/transfers

d) Chance of getting a seat

So we can design our survey questionnaire like this

1) Do you give more importance to travel cost or travel time while you commute to work.

2) Suppose you were forced to take public transit - how important is it to get a seat while travelling. Three choices - important, very important, not important.

3) When taking public transit to work - how much importance to you give to the "number of transfers that you make". What is the maximum number of transfers that you are willing to make.

=======================================================================================================================================================================================

Lets assign the "sign and values to these coefficients.

a) Travel Cost - assume it costs more to travel in ferry and the lest cost is by bus, while rail cost are in between busy and ferry. As cost increases, the utility functions should decrease, so the sign of he attribute parameter are -ve. So assume that coefficient for Travel Cost is -0.1

b) Travel time - clearly as travel time increases, the mode is less preferred, so again the sign of the coefficient is -ve. Typically ferries are present in areas which have a river access and can significantly reduce travel time. So assign a steeper coefficient to this parameter. Let coefficient for Travel time = -0.2. This basically says users give twice the emphasis on travel time as compared to travel cost

c) No of changes/transfers. - In road trips you dont have any transfers, you go in one automotbile trip from your origination to destination. As you have more transfers the mode becomes less attractive. So assign a coefficient of -0.05 for # of changes/transfers.

d) Chance of getting a seat - This is an important parameter for many travellers. It often influences the decision makign process and whether a particular transit mode is preferred. For cars we always get a seat, For rail and ferry we may or may not. So lets have the coefficient for chance of getting a seat defined as follows.

The sign of this attribute will be +. As chances of getting as eat increase, the utility function value should increase.

Assume this attribute can take the following values

a) .1 if the probability of getting a seat is equal to 1

b) 08 if the probability of getting a seat is greater than 0.5 and less than 1

c) .04 if the probability of getting a seat is between 0.25 and 0.5

cd 0.01 if the probability of getting a seat is less than 0.5

So now we can set up the utility function as below

Ui = 0.1* Travel Cost -0.2 Travel time -.05 * number of transfers + Coefficient for Seat Availibility

so Ubus = -01* Travel costbus - 0.2*Travel timebus - (0.05 * number of transfer) +.1

Urail = -01* Travel costrail - 0.2*Travel timerail- (0.05 * number of transfers) +0 .08

Uferry = -01* Travel Costferry- 0.2*Travel timeferry- (0.05 * number of transfers) +0 .04


Related Solutions

Similarities and differences between stated preference method (contingent valuation) and revealed preference method (choice modelling)?
Similarities and differences between stated preference method (contingent valuation) and revealed preference method (choice modelling)?
A survey asked a group of commuters from Dubai, Shanghai, and Paris what their primary mode of transport to work is.
A survey asked a group of commuters from Dubai, Shanghai, and Paris what their primary mode of transport to work is. The results are tabulated in the two-way table below: Using SPSS and the data above, test whether there is any association between primary mode of transport and city of residence: a) Calculate the chi-square test statistic (x2). Give your answer to 3 decimal places. x2 = b) At a = 0.05, the null hypothesis of the chi-square test for association is
The choice experiment method: Select one: a. Is an indirect, stated preference approach for valuing environmental...
The choice experiment method: Select one: a. Is an indirect, stated preference approach for valuing environmental improvements. b. Is an indirect, revealed preference approach for valuing environmental improvements. c. Is a direct, stated preference approach for valuing environmental improvements. d. Is a direct, revealed preference approach for valuing environmental improvements.
A survey was taken on the preference of males and females for three different stores: Walmart,...
A survey was taken on the preference of males and females for three different stores: Walmart, Target, and Costco. People were randomly chosen and the following data were obtained. Prefer Walmart Prefer Target Prefer Costco Females 30 50 40 Males 30 10 40 What type of data are these values? Explain. Can the results be generalized? Why? If so, to what group can it be generalized to? Can cause and effect statements be made? Explain why or why not. Complete...
List the strengths and weaknesses of each mode of survey design, giving particular attention to response...
List the strengths and weaknesses of each mode of survey design, giving particular attention to response rates.
Consider three choices A, B, C. Choice A gives $30 with probability 1/2 and $70 with...
Consider three choices A, B, C. Choice A gives $30 with probability 1/2 and $70 with probability 1/2. Choice B gives $50 with certainty. Choice C gives $40 with probability 1/2 and $70 with probability 1/2. (a) [2 points] For a risk averse individual, determine if the individual (i) prefers A over B, or (ii) prefers B over A, or (iii) more information on the individual's risk attitude is needed to compare A,B for the individual. (b) [4 points] Carry...
Multiple Choice Select the best answer from the available choices for each question. 1.   Three people...
Multiple Choice Select the best answer from the available choices for each question. 1.   Three people are acting in a play. Character A has 50% of the lines, Character B has 40%, and Character C has 10%. Each person has a different probability of making a mistake on any line, independently: 0.03 for A, 0.07 for B, and 0.20 for C. Given that a mistake occurred, what is the probability that it was C’s line?    •   0.02    •  ...
Consider a short multiple choice quiz with three items, and each item has four choices (only...
Consider a short multiple choice quiz with three items, and each item has four choices (only one of the choices is correct). Suppose that you are taking this quiz but you are completely and utterly unprepared for it. That means that you only option for the quiz is to guess the answers. Suppose you are thinking about the first item: what's the probability that you'll answer it incorrectly (hint: think about how many options there are, and how many of...
Yani has $12,000 for investment purposes. His bank has offered the following three choices: Choice 1....
Yani has $12,000 for investment purposes. His bank has offered the following three choices: Choice 1. A special savings certificate that will pay $120 each month for 5 years and a lump sum payment at the end of 5 years of $13,000 Choice 2. Buy a share of a racehorse for $12,000 that will be worth $27,000 in 5 years Choice 3. Put the money in a savings account that will have an interest rate of 12% per year compounded...
An Internet survey estimates that, when given a choice between English and French,60% of the population prefers to study English. Three students are randomly selected and asked which of the two languages they prefer.
An Internet survey estimates that, when given a choice between English and French,60% of the population prefers to study English. Three students are randomly selected and asked which of the two languages they prefer. (a) Find the probability distribution for Y , the number of students in the sample who prefer English. (b) What is the probability that exactly one of the three students  prefer English? (c) What are the mean and standard deviation for Y ? (d) What is...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT