Stated Preferences in Modelling Accessibility
- 1 February 2000
- journal article
- research article
- Published by Informa UK Limited in International Planning Studies
- Vol. 5 (1), 65-85
- https://doi.org/10.1080/135634700111828
Abstract
The stated preference (SP) experimental design problem in measuring and representing the role of accessibility in modelling urban residential location is considered. The preferences of households between certain accessibility attributes and the monthly rent of the house, ceteris paribus with respect to the rest of the location attributes, is analysed in order to isolate the effects of interest. A review of the conceptual definition of accessibility, its relationship with the transportation system, its functionality and the different measures used up until now, allowed generation of an SP data collection instrument. This was employed to subject a sample of households to the location decision based on several transport system variables. The experiment made several novel contributions. First, the whole household was considered as the choice-making entity, with decisions shared by all its members. Second, the alternatives considered different accessibility levels without modifying the household's current location. Using the data gathered, models were estimated with consistent parameters in terms of their signs and significance tests, and some functional forms associated with the perception of the access concept were defined. Furthermore, a valuation of time index was generated and this allowed a new discussion to be opened regarding its relation to the subjective value of time traditionally derived from mode-choice models.Keywords
This publication has 17 references indexed in Scilit:
- Towards a new definition of topological accessibilityTransportation Research Part B: Methodological, 1996
- Access: The transport-land use economic linkTransportation Research Part B: Methodological, 1995
- CAPITALIZATION OF URBAN TRAVEL IMPROVEMENTS INTO RESIDENTIAL AND COMMERCIAL REAL ESTATE: SIMULATIONS WITH A UNIFIED MODEL OF HOUSING, TRAVEL MODE AND SHOPPING CHOICES*Journal of Regional Science, 1995
- Valuing Product Attributes Using Single Market Data: A Comparison of Hedonic and Discrete Choice ApproachesThe Review of Economics and Statistics, 1993
- The Bid—Choice Land-Use Model: An Integrated Economic FrameworkEnvironment and Planning A: Economy and Space, 1992
- Accessibility and Intraurban TravelEnvironment and Planning A: Economy and Space, 1987
- Hedonic Prices and Implicit Markets: Estimating Demand and Supply Functions for Differentiated ProductsJournal of Political Economy, 1987
- Indicators of urban accessibility: Theory and applicationTransportation, 1980
- The measurement of accessibility: Some preliminary resultsTransportation, 1976
- How Accessibility Shapes Land UseJournal of the American Institute of Planners, 1959