Valuing urban attributes for a bus corridor in a residential choice experiment context

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The valuation of urban attributes in a bus corridor by stated preferences experiments Isidora Navarro, Patricia Galilea y Ricardo Hurtubia 1/29/2016

Transcript of Valuing urban attributes for a bus corridor in a residential choice experiment context

Page 1: Valuing urban attributes for a bus corridor in a residential choice experiment context

The valuation of urban attributes in a bus corridor by stated preferences experiments

Isidora Navarro, Patricia Galilea y Ricardo Hurtubia

1/29/2016

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IntroductionContext

Motivation

Hypothesis and Objectives

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Context

At present, the design and cost-benefit analysis of new transport

infrastructure projects in Chile considers attributes mainly

related to transport, but they can give additional benefits, e.g. it

may affect the environment of neighbourhoods

Given this, it is interesting and necessary to characterize people’s

preferences for public spaces and urban amenities.

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Hypothesis and Objectives

The hypothesis of this work is that a methodology can beperformed to valuate urban attributes and transport attributes.

The aim is to identify and valuate attributes that improve theenvironment of neighbourhoods , in order to incorporate theminto the cost-benefit analysis of future transport projects in Chile.

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MethodologyStated preference experiment

Identification and selection of attributes

Design of the experiment

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Stated preference experiment

Respondents faced a residential location experiment

They had to choose between two images that represent theirneighborhood. We sampled four different neighborhoods ofSantiago, Chile: Vitacura, Santa Rosa, Gran Avenida and Pajaritos

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Identification and selection of attributes

The urban attributes that were selected at first were:

Green areas

Sidewalk

Bike lane

Bus corridor

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Identification and selection of attributes

After a pilot survey, we kept three attributes:

Green areas

Sidewalk

Bike lane

Bus corridor

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Design of the experiment

In order to create a realistic survey, the respondents will have to answer some initial questions:

Where do you live?

How much do you pay in rent per month?

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Pilot SurveyVitacura

Pajaritos

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Pilot survey: Vitacura

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Pilot survey: Pajaritos

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We learned that…

It is not convenient to incorporate attributes hard to understand, like travel time.

It is preferable that images have the same composition.

It is preferable that attributes are not situated in the background.

It is preferable that the respondents can be able to recognize the neighbourhood.

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Final SurveyNew images

Results

Willingness-to-pay

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Final survey: Vitacura

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Final Survey: Santa Rosa

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Final survey: Gran Avenida

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Final Survey: Pajaritos

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Results

M1-MNL1 M2-MNL1

Valor t-test Valor t-test

-0,0113 -3,71 -0,0107 -3,59

0,00607 2,6 0,00119 0,49 (*)

-0,00649 -3,23 -0,00224 -1,52 (*)

0,829 8,99 0,756 8,79

0,907 9,55 0,832 9,41

0,273 2,57 0,215 2,12

0,222 2,17 0,153 8,79

0,0495 0,71 (*) 1,06 5,03

- - 1,01 4,75

Final log-likelihood -597,135 -825,762

N° de observaciones 981 1039

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Results

M1-MNL2 M2-MNL2

Valor t-test Valor t-test

-0,00721 -2,3 -0,00686 2,22

-0,0283 -1,02 (*) -0,0413 -1,59 (*)

-0,0183 -2,44 -0,0159 -2,18

0,00632 2,69 0,00119 0,69 (*)

-0,00672 -3,32 -0,00225 -1,52 (*)

0,843 9,04 0,765 8,83

0,922 9,6 0,844 9,46

0,289 2,71 0,227 2,23

0,232 2,25 0,16 1,61 (*)

0,0589 0,84 (*) 1,06 5,03

- - 1 4,7

Final log-likelihood -593,612 -822,089

N° de observaciones 981 1039

Nivel de Ingreso M3-MNL2

-0,00722

-0,02552

-0,03542

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High Inc Middle Inc Low Inc

Trees $161 $45 $33

Ciclepath $176 $50 $36

Corridor $ 55 $16 $11

Corridor with

bush $ 99 $28 $20

USD/USD/USD/USD/monthmonthmonthmonth

Willingness-to-pay

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The valuation of urban attributes in a bus corridor by stated preferences experiments

Isidora Navarro, Patricia Galilea y Ricardo Hurtubia

29-01-2016