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Measuring the willingness-to-pay of air-rail intermodal passengers
Ist Teil von
Journal of air transport management, 2013-01, Vol.26, p.50-54
Ort / Verlag
Elsevier Ltd
Erscheinungsjahr
2013
Quelle
Alma/SFX Local Collection
Beschreibungen/Notizen
This paper measures the willingness-to-pay of passengers for air-rail intermodal products. Several studies have been conducted in Europe to identify ways of improvement for a wider use of air-rail intermodal products. Different solutions have been considered including luggage through-handling, coordination of timetables, and compensation for delay, but the question of their price was not addressed. Using a conjoint analysis, we measure the willingness to pay of intermodal passengers for different versions of intermodal services. We find differences in the reservation prices of passengers according to several socio-demographic characteristics and infer some managerial implications.
► Air-rail intermodal agreements are pervasive in Europe, but they remain poorly used. ► Using a conjoint analysis, we assess the willingness-to-pay of intermodal air/rail passengers. ► We find differences in the reservation prices of passengers according to socio-demographic characteristics.