The perception of prices of complex goods: The example of cars

Molt, Walter

doi:10.1007/bf02179634

Cited by 1 publication

(1 citation statement)

References 3 publications

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“…If it is subjectively perceived time, does he weigh his perception of time spent for different modes the same way? There are studies, which report that waiting time is subjectively experienced to be longer than the same odel based using a pre restimated; c timated [7]. for private tr for using the ing the facilit c decisions.…”

Section: The Key Question: Mode Choicementioning

confidence: 99%

Hanoi Public Transport—Transformation by Management Using Action Research and Behavior Setting Theory

Molt¹

2016

JTTE

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Abstract:After the economic reforms in Vietnam, the number of motorbikes surged while public transport lost its passengers. No funds for investment available TRAMOC (Transport Management and Operation Centre), the Transport Management and Operation Center started the experiment of transforming Hanoi Public Transport by management based on action research, introducing some interventions, which had shown to be effective in Europe. Phase I of the experimental approach was carried out with the smallest company that operated Line 32. The number of daily passengers surged from 1,700 to 8,000. In Phase II, the experiment was extended to the whole net. In 2001, th re were 35,000 passengers per day, in 2010, there were 1 million; this is an increase of 3,000%. The result surpassed by far the expectations. The key for understanding the surprising results is the mode choice. 53% of the users are riders by choice; they have access to a car or motorbike. Simulation of the decisions as rational choice based on time needed for trips was proved to be quite accurate. Behavior was analyzed in the frame of behavior setting theory, which brings together urban structure and the design of the transport system. Success with introducing public transport needs a self-reliant leadership, which works with people in their real life situation. An urban transport system is part of the organized behavior of the people, who make use of the technical opportunities offered.

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Section: The Key Question: Mode Choicementioning

confidence: 99%

Hanoi Public Transport—Transformation by Management Using Action Research and Behavior Setting Theory

Molt¹

2016

JTTE

View full text Add to dashboard Cite

show abstract

The perception of prices of complex goods: The example of cars

Cited by 1 publication

References 3 publications

Hanoi Public Transport—Transformation by Management Using Action Research and Behavior Setting Theory

Hanoi Public Transport—Transformation by Management Using Action Research and Behavior Setting Theory

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