Willingness to pay for airline services attributes : microeconometric evidence from a stated preference discrete choice model

Detalhes bibliográficos
Autor(a) principal: Menezes, António Gomes de
Data de Publicação: 2006
Outros Autores: Vieira, José Cabral
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10400.3/1139
Resumo: We analyze consumer preferences for airline services attributes between Ponta Delgada and Lisbon. For this purpose, we conduct a stated preferences choice game and estimate a microeconometric model à la McFadden (1974). Our results are statistically significant and imply willingness to pay measures economically high for attributes such as punctuality warranties and comfort. We interpret these results at the light of the theories found in Kahneman (2003). Willingness to pay for additional daily flights is quite low. This result is important to how should the policy maker liberalize this sector.
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spelling Willingness to pay for airline services attributes : microeconometric evidence from a stated preference discrete choice modelAirline ServicesAir Transportation PolicyConditional LogitStated Preferences Choice GamesWillingness to PayWe analyze consumer preferences for airline services attributes between Ponta Delgada and Lisbon. For this purpose, we conduct a stated preferences choice game and estimate a microeconometric model à la McFadden (1974). Our results are statistically significant and imply willingness to pay measures economically high for attributes such as punctuality warranties and comfort. We interpret these results at the light of the theories found in Kahneman (2003). Willingness to pay for additional daily flights is quite low. This result is important to how should the policy maker liberalize this sector.CEEAplARepositório da Universidade dos AçoresMenezes, António Gomes deVieira, José Cabral2011-05-16T11:46:40Z2006-022006-02-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.3/1139enginfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2022-12-20T14:28:40Zoai:repositorio.uac.pt:10400.3/1139Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T16:23:59.322574Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Willingness to pay for airline services attributes : microeconometric evidence from a stated preference discrete choice model
title Willingness to pay for airline services attributes : microeconometric evidence from a stated preference discrete choice model
spellingShingle Willingness to pay for airline services attributes : microeconometric evidence from a stated preference discrete choice model
Menezes, António Gomes de
Airline Services
Air Transportation Policy
Conditional Logit
Stated Preferences Choice Games
Willingness to Pay
title_short Willingness to pay for airline services attributes : microeconometric evidence from a stated preference discrete choice model
title_full Willingness to pay for airline services attributes : microeconometric evidence from a stated preference discrete choice model
title_fullStr Willingness to pay for airline services attributes : microeconometric evidence from a stated preference discrete choice model
title_full_unstemmed Willingness to pay for airline services attributes : microeconometric evidence from a stated preference discrete choice model
title_sort Willingness to pay for airline services attributes : microeconometric evidence from a stated preference discrete choice model
author Menezes, António Gomes de
author_facet Menezes, António Gomes de
Vieira, José Cabral
author_role author
author2 Vieira, José Cabral
author2_role author
dc.contributor.none.fl_str_mv Repositório da Universidade dos Açores
dc.contributor.author.fl_str_mv Menezes, António Gomes de
Vieira, José Cabral
dc.subject.por.fl_str_mv Airline Services
Air Transportation Policy
Conditional Logit
Stated Preferences Choice Games
Willingness to Pay
topic Airline Services
Air Transportation Policy
Conditional Logit
Stated Preferences Choice Games
Willingness to Pay
description We analyze consumer preferences for airline services attributes between Ponta Delgada and Lisbon. For this purpose, we conduct a stated preferences choice game and estimate a microeconometric model à la McFadden (1974). Our results are statistically significant and imply willingness to pay measures economically high for attributes such as punctuality warranties and comfort. We interpret these results at the light of the theories found in Kahneman (2003). Willingness to pay for additional daily flights is quite low. This result is important to how should the policy maker liberalize this sector.
publishDate 2006
dc.date.none.fl_str_mv 2006-02
2006-02-01T00:00:00Z
2011-05-16T11:46:40Z
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dc.identifier.uri.fl_str_mv http://hdl.handle.net/10400.3/1139
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dc.language.iso.fl_str_mv eng
language eng
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