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  4. European Transport / Trasporti Europei
  5. European Transport / Trasporti Europei (2008) 39/XIII
  6. Willingness to pay for airline services attributes: evidence from a stated preferences choice game
 
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Willingness to pay for airline services attributes: evidence from a stated preferences choice game

De Menezes, António Gomes
•
Vieira, J. C.
2008
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ISSN
1825-3997
http://hdl.handle.net/10077/5975
  • Article

Abstract
We analyze consumer preferences for airline service attributes between Ponta Delgada and Lisbon: the most important air corridor between the Azores and Mainland Portugal. Owing to stringent regulations, which fall under the European Union Public Service Obligations (PSOs) domain, there are no revealed preferences data suitable to study consumer preferences. Hence, we conduct a stated preferences choice game and estimate a microeconometric model à la McFadden. Our results are statistically significant and imply willingness to pay measures economically high for attributes such as punctuality warranties and comfort. Willingness to pay for additional daily flights is quite low. This result is important to how should the policy maker liberalize this sector.
Series
European Transport / Trasporti Europei
XIII (2008) 39
Subjects
  • Stated Preferences Ch...

  • Conditional Logit

  • Willingness to Pay

  • Airline Services

  • Public Service Obliga...

Publisher
EUT Edizioni Università di Trieste
ISTIEE Istituto per lo studio dei trasporti nell’integrazione economica europea
Source
A. G. de Menezes, J. C. Vieira, "Willingness to pay for airline services attributes: evidence from a stated preferences choice game", in: European Transport / Trasporti Europei, XIII (2008) 39, pp. 1-13.
Languages
en
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