What Is the Value of Flexibility in Individual Transportation Choices? (notice n° 699316)
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| fixed length control field | 01332cam a2200169 4500500 |
| 005 - DATE AND TIME OF LATEST TRANSACTION | |
| control field | 20250121212821.0 |
| 041 ## - LANGUAGE CODE | |
| Language code of text/sound track or separate title | fre |
| 042 ## - AUTHENTICATION CODE | |
| Authentication code | dc |
| 100 10 - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Denant-Boemont, Laurent |
| Relator term | author |
| 245 00 - TITLE STATEMENT | |
| Title | What Is the Value of Flexibility in Individual Transportation Choices? |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
| Date of publication, distribution, etc. | 2008.<br/> |
| 500 ## - GENERAL NOTE | |
| General note | 95 |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc. | Our article reports an experimental study on the choice between rail and road freight transportation. We assume that the rail option involves some irreversibility, whereas the road choice is flexible. Building on this assumption about alternative individual choices, we construct a real-option model where traffic levels for each infrastructure are risky. We test these theoretical predictions. The important feature of our exercise is that we calibrate experimental payoffs on data about time cost, operating costs, and infrastructure tariffs in French transportation. The results are the following: (1) as the model stands, price levels and the information level are significant determinants of choice; (2) subjects overreact to infrastructure price changes. |
| 700 10 - ADDED ENTRY--PERSONAL NAME | |
| Personal name | Hammiche, Sabrina |
| Relator term | author |
| 786 0# - DATA SOURCE ENTRY | |
| Note | Economie & prévision | o 182 | 1 | 2008-08-05 | p. 97-111 | 0249-4744 |
| 856 41 - ELECTRONIC LOCATION AND ACCESS | |
| Uniform Resource Identifier | <a href="https://shs.cairn.info/journal-economie-et-prevision-1-2008-1-page-97?lang=en&redirect-ssocas=7080">https://shs.cairn.info/journal-economie-et-prevision-1-2008-1-page-97?lang=en&redirect-ssocas=7080</a> |
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