Working papers in Transport Economics
No 2012:9:
Valuing perceived insecurity associated with use of and access to public transport
Maria Börjesson ()
Abstract: This study uses a stated choice experiment and drawings of
four different type-environments to assess how various security-promoting
factors in the built physical environment influence valuation of walking
time when accessing public transport. Valuations that can be applied for
evaluating policies to improve perceived security are obtained. Consistent
results are achieved, indicating that the method is promising for
incorporating aspects in the physical environment in the welfare analysis.
The results indicate a systematic variation in value of walk time in
different physical environments and it is more dependent of the physical
environment for women than for men. This paper thereby contributes to the
literature by showing that results by social sciences can be verified using
methods and theories traditionally used in transport and welfare analysis
and may therefore be incorporated in standard CBA. A contribution of this
study is the insight that the perception of insecurity involved in
accessing the public transport system is a welfare loss that can be
quantified.
Keywords: Insecurity; Walk time weight; Value of walk time; Public transport; (follow links to similar papers)
JEL-Codes: C25; D61; J22; R41; R42; (follow links to similar papers)
22 pages, March 19, 2012
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