吉林大学学报(工学版) ›› 2016, Vol. 46 ›› Issue (1): 57-62.doi: 10.13229/j.cnki.jdxbgxb201601009

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Estimation of crowding costs in bus based on contingent valuation method

WANG Dian-hai, YE Ying, ZHU Wen-tao, QI Hong-sheng   

  1. College of Civil Engineering and Architecture, Zhejiang University, Hangzhou 310058, China
  • Received:2014-06-13 Online:2016-01-30 Published:2016-01-30

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Abstract: Contingent Valuation Method (CVM), one of the most widely used methods to estimate non-market goods, was introduced to quantify the crowding costs in bus, which is an important part of the total costs of bus trip. With the goal of utility maximization, the relationship between the crowding costs and Value of Time (VOT) was deduced from the concept of willingness to pay. To further establish the model of the crowding costs and load factors, the relationship between VOT and load factors was analyzed and improved based on the existing models. Meanwhile, in accordance with the questionnaire data in Hangzhou city, the relevant parameters were obtained using the binary Probit model. Then, the crowding costs were quantified under different crowding conditions. The results show that the crowding costs are nonlinear, when the load factor is greater than 2.0 the crowding cost is one third of the total costs of bus trip.

Key words: road engineering, contingent valuation method (CVM), crowding costs, value of time, load factor

CLC Number: 

  • U491.1
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