Estimating the willingness-to-pay of local residents and tourists for volunteer-model shared demand responsive transit services

Document Type

Journal Article

Publication Date

2025

Subject Area

mode - demand responsive transit, place - asia, place - rural, economics - pricing, economics - willingness to pay, policy - fares

Keywords

Contingent valuation, rural mobility, volunteer-model shared demand responsive transit service, willingness-to-pay

Abstract

The study delves into the promotion of Volunteer-model Shared Demand-Responsive Transit Service (V-SDRTS), specifically addressing its applicability in addressing the transportation needs of sparsely populated rural areas. The empirical analysis draws from data collected in two Taiwanese townships, encompassing both local residents and tourists. Through contingent valuation and triple-bounded dichotomous choices in two scenario designs, the research examines the willingness-to-pay (WTP) of potential V-SDRTS users. Notably, among local residents, socio-economic factors such as gender, age, average income, and concerns about driving safety impact their WTP. On the other hand, tourists’ WTP is notably influenced by factors like age and waiting time. Despite similar price estimates derived from linear and interval regression analyses, tourists demonstrate a higher WTP than local residents. This finding suggests the possibility of implementing distinct fare structures for these two user groups, providing practical insights for V-SDRTS pricing strategies tailored to diverse user demographics and needs.

Rights

Permission to publish the abstract has been given by Taylor&Francis, copyright remains with them.

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