Passengers' willingness to pay for airport ground access time savings

Tsamboulas, DA; Nikoleris, A

dc.contributor.author	Tsamboulas, DA	en
dc.contributor.author	Nikoleris, A	en
dc.date.accessioned	2014-03-01T01:28:59Z
dc.date.available	2014-03-01T01:28:59Z
dc.date.issued	2008	en
dc.identifier.issn	0965-8564	en
dc.identifier.uri	https://dspace.lib.ntua.gr/xmlui/handle/123456789/19059
dc.subject	Airport ground access	en
dc.subject	Stated preference	en
dc.subject	Travel time savings	en
dc.subject	Willingness to pay	en
dc.subject.classification	Transportation	en
dc.subject.classification	Transportation Science & Technology	en
dc.subject.other	Ketones	en
dc.subject.other	Linear regression	en
dc.subject.other	Regression analysis	en
dc.subject.other	Access times	en
dc.subject.other	Airport environments	en
dc.subject.other	Athens international airports	en
dc.subject.other	Linear regression models	en
dc.subject.other	Probit models	en
dc.subject.other	Public transports	en
dc.subject.other	Stated preference	en
dc.subject.other	Stated preferences	en
dc.subject.other	Travel time savings	en
dc.subject.other	Travel times	en
dc.subject.other	Willingness to pay	en
dc.subject.other	Willingness to pays	en
dc.subject.other	Airports	en
dc.subject.other	accessibility	en
dc.subject.other	air transportation	en
dc.subject.other	airport	en
dc.subject.other	price dynamics	en
dc.subject.other	public transport	en
dc.subject.other	transportation economics	en
dc.subject.other	travel time	en
dc.subject.other	willingness to pay	en
dc.subject.other	Athens [Attica]	en
dc.subject.other	Attica	en
dc.subject.other	Eurasia	en
dc.subject.other	Europe	en
dc.subject.other	Greece	en
dc.subject.other	Southern Europe	en
dc.title	Passengers' willingness to pay for airport ground access time savings	en
heal.type	journalArticle	en
heal.identifier.primary	10.1016/j.tra.2008.03.013	en
heal.identifier.secondary	http://dx.doi.org/10.1016/j.tra.2008.03.013	en
heal.language	English	en
heal.publicationDate	2008	en
heal.abstract	There are cases when passengers are willing to pay a premium to reduce the travel time, in particular when the trip has to be made. This paper aims to provide insight into factors that determine passengers' willingness to pay to reduce travel time for their ground access to an airport. A methodology is developed that comprises two steps: the identification of the passengers with zero willingness to pay and from the rest the estimation of the additional price they are willing to pay to reduce their travel time. For the first step a Probit model was formulated and for the second a linear regression model. To this purpose, data. has been collected employing stated preference from passengers at the Athens International Airport. It has been found that a high percentage of passengers have zero willingness to pay, and of the remaining ones those using public transport have a significant willingness to pay to reduce access travel time. The methodology and the models are structured in such a way that their transferability to any airport environment is possible, thus providing a useful tool for decisions relating to airport ground access measures. (C) 2008 Elsevier Ltd. All rights reserved.	en
heal.publisher	PERGAMON-ELSEVIER SCIENCE LTD	en
heal.journalName	Transportation Research Part A: Policy and Practice	en
dc.identifier.doi	10.1016/j.tra.2008.03.013	en
dc.identifier.isi	ISI:000261367300002	en
dc.identifier.volume	42	en
dc.identifier.issue	10	en
dc.identifier.spage	1274	en
dc.identifier.epage	1282	en