This is a repository copy of Rolling stock quality - Improvements and user willingness to pay.. White Rose Research Online URL for this paper: http://eprints.whiterose.ac.uk/2088/ Monograph: Wardman, M. and Whelan, G. (1998) Rolling stock quality - Improvements and user willingness to pay. Working Paper. Institute of Transport Studies, University of Leeds , Leeds, UK. Working Paper 523 Reuse See Attached Takedown If you consider content in White Rose Research Online to be in breach of UK law, please notify us by emailing [email protected] including the URL of the record and the reason for the withdrawal request. [email protected] https://eprints.whiterose.ac.uk/ White Rose Research Online http://eprints.whiterose.ac.uk/ Institute of Transport Studies University of Leeds This is an ITS Working Paper produced and published by the University of Leeds. ITS Working Papers are intended to provide information and encourage discussion on a topic in advance of formal publication. They represent only the views of the authors, and do not necessarily reflect the views or approval of the sponsors. White Rose Repository URL for this paper: http://eprints.whiterose.ac.uk/2088/ Published paper Mark Wardman and Gerard Whelan (1998) Rolling stock quality - Improvements and user willingness to pay. Institute of Transport Studies, University of Leeds, Working Paper 523 White Rose Consortium ePrints Repository [email protected] This work was undertaken with Oscar Faber and our thanks are due to Paul Murphy, Simon Temple and Chris Heaver. We are grateful for the advice and assistance provided by Brian Titley of OPRAF. 1. INTRODUCTION ............................................................................................................................................ 1 1.1 SUMMARY OF FINDINGS..................................................................................................................................... 1 1.2 BACKGROUND ................................................................................................................................................... 1 1.3 STUDY OBJECTIVES ........................................................................................................................................... 2 1.4 STUDY PROCESS ................................................................................................................................................ 2 2. PREVIOUS RESEARCH ................................................................................................................................ 2 2.1 KEY POINT SUMMARY....................................................................................................................................... 2 2.2 BACKGROUND ................................................................................................................................................... 3 2.3 VALUATION STUDIES......................................................................................................................................... 3 2.4 DEMAND IMPACT STUDIES ................................................................................................................................4 2.5 ATTITUDINAL STUDIES ...................................................................................................................................... 4 2.6 CONCLUSIONS FROM LITERATURE REVIEW ....................................................................................................... 5 3. QUALITATIVE RESEARCH......................................................................................................................... 6 3.1 KEY POINT SUMMARY....................................................................................................................................... 6 3.2 INTRODUCTION .................................................................................................................................................. 6 3.3 METHODOLOGY................................................................................................................................................. 7 3.4 SEAT QUALITY AND AVAILABILITY................................................................................................................... 7 3.5 OTHER ASPECTS ................................................................................................................................................ 8 3.6 WILLINGNESS TO PAY FOR IMPROVEMENTS....................................................................................................... 9 3.7 CONCLUSIONS FROM THE QUALITATIVE RESEARCH ........................................................................................ 11 4. QUANTITATIVE RESEARCH: DESIGN AND DATA COLLECTION ................................................ 11 4.1 INTRODUCTION ................................................................................................................................................ 11 4.2 METHODOLOGY .............................................................................................................................................. 12 4.2.1 Overall Approach ................................................................................................................................... 12 4.2.2 Revealed Preference Methodology ......................................................................................................... 13 4.2.3 Stated Preference 1................................................................................................................................. 14 4.2.4 Stated Preference 2................................................................................................................................. 14 4.3 DATA COLLECTION.......................................................................................................................................... 15 4.3.1 Revealed Preference Survey ................................................................................................................... 15 4.3.2 Stated Preference Surveys........................................................................................................................ 19 5. QUANTITATIVE RESEARCH: EMPIRICAL RESULTS....................................................................... 20 5.1 INTRODUCTION ................................................................................................................................................ 20 5.2 MODELLING ISSUES ......................................................................................................................................... 20 5.3 REVEALED PREFERENCE.................................................................................................................................. 21 5.4 STATED PREFERENCE 1.................................................................................................................................... 24 5.5 STATED PREFERENCE 2.................................................................................................................................... 29 5.6 COMBINED RP-SP MODEL............................................................................................................................... 31 6. AGGREGATE AND DISAGGREGATE VALUES.................................................................................... 33 6.1 PROCEDURE..................................................................................................................................................... 33 6.2 COMP1............................................................................................................................................................. 34 6.3 COMP2............................................................................................................................................................. 35 6.4 COMP3............................................................................................................................................................. 36 7. VALUATIONS ............................................................................................................................................... 37 7.1 INTRODUCTION ................................................................................................................................................ 37 7.2 AGGREGATE VALUATIONS .............................................................................................................................. 37 7.3 DISAGGREGATE VALUATIONS ......................................................................................................................... 38 8. CONCLUSIONS............................................................................................................................................. 39 REFERENCES.................................................................................................................................................... 42 TABLE 1: ROLLING STOCK CATEGORIES................................................................................................................ 12 TABLE 2: DETAILS OF PILOT SURVEY.................................................................................................................... 15 TABLE 3: REVEALED PREFERENCE SURVEY RESPONSE ......................................................................................... 17 TABLE 4: OMITTED RP DATA