Deriving Willingness-to-Pay Estimates of Travel-Time Savings from Individual-Based Parameters

By David A. Hensher, William H. Greene, John M. Rose. 2006

69 citations recorded by the source corpus.

Subfields: Economics and Econometrics, General Decision Sciences, Transportation

View Paper: https://www.semanticscholar.org/paper/7d81060d9b67e2526bb3e0de8c88bfee097cbfee

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Economics and Econometrics

1. L. Masiero
2. G. Sylvia
3. Robert Fonner
4. David A. Hensher
5. Stephane Hess
6. John M. Rose
7. William H. Greene
8. Riccardo Scarpa

In General Decision Sciences

1. L. Masiero
2. G. Sylvia
3. Robert Fonner
4. David A. Hensher
5. Stephane Hess
6. John M. Rose
7. William H. Greene
8. Riccardo Scarpa

In Transportation

1. L. Masiero
2. G. Sylvia
3. Robert Fonner
4. David A. Hensher
5. Stephane Hess
6. John M. Rose
7. Alejandro Tirachini
8. William H. Greene

Citations in the corpus

• Willingness to Pay for Multiple Seafood Labels in a Niche Market (2014, methodology): “Individual WTP was estimated using the Bayesian method of Hensher, Greene, and Rose (2006).”
• Using Choice Experiments to Explore the Spatial Distribution of Willingness to Pay for Rural Landscape Improvements (2009, unknown): “…also accommodate the estimation of individual-specific preferences for individual n by deriving the conditional distribution based (within sample) on their known choices xn and yn (that is, prior knowledge) (Hensher and Greene, 2003; Hensher et al, 2006; Sillano and Ortüzar, 2005; Train, 2003).”
• Analyzing loss aversion and diminishing sensitivity in a freight transport stated choice experiment (2010, background): “Hensher et al. (2006) compare both approaches and illustrate the benefits of the conditional parameter estimates.”