Accessibility and uncertainty: An empirical analysis of option value in transport

Are there option values for transport services? A few studies have tried to answer this question through various stated preference methods, but we do not know much about its magnitude in different contexts. In this paper, we summarize the theory on option value, present previous empirical work conce...

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Bibliographic Details
Main Authors: Anders Bondemark, Erik Johansson, Fredrik Kopsch
Format: Article
Language:English
Published: University of Minnesota Libraries Publishing 2021-04-01
Series:Journal of Transport and Land Use
Subjects:
Online Access:https://www.jtlu.org/index.php/jtlu/article/view/1783
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