Pells, S.R. (1990) The Demand for Taxi Services in Sheffield: An Empirical Study of the Value of Waiting Time and the Price Elasticity of Demand. Working Paper. Institute of Transport Studies, University of Leeds , Leeds, UK.
This paper reports the empirical results from a study into the value of taxi passengers1 waiting time and the price elasticity of demand for taxis in Sheffield using stated preference and transfer price data. It is in two parts. The first part details the stated preference design, implementation and results. The effects on the value of time estimates of changes in the depth of ranking modelled, non-linearities, and socio-economic and use variables are assessed. The second part of the paper describes an analysis of the sensitivity of demand for taxi services to increased price using a transfer price approach.
|Copyright, Publisher and Additional Information:||Copyright of the Institute of Transport Studies, University Of Leeds|
|Institution:||The University of Leeds|
|Academic Units:||The University of Leeds > Faculty of Environment (Leeds) > Institute for Transport Studies (Leeds)|
|Depositing User:||Adrian May|
|Date Deposited:||26 Mar 2007|
|Last Modified:||12 Aug 2015 06:44|
|Publisher:||Institute of Transport Studies, University of Leeds|
|Identification Number:||Working Paper 297|