Arbeitspapier
Estimating travellers' preferences for competition in commercial passenger rail transport
The current level of competition in European commercial passenger rail markets is low and empirical data on customer preferences in intramodal competition has hardly been available, yet. Our study raises the knowledge of competition in commercial passenger rail by exploring the determinants of customers' choice behaviour on two cross-border routes, Cologne-Brussels and Cologne-Amsterdam. We analyse stated preference information from about 700 on-train interviews by means of multinomial Logit regressions. Our analysis indicates that customers experiencing competition (Cologne-Brussels) show a higher preference for competitive services than customers for whom competition is a purely hypothetical situation (Cologne-Amsterdam). Moreover, travellers show a status quo bias, i.e. a preference for the service provider on whose trains they were interviewed which partly stems from switching costs. These findings regarding status quo bias and switching costs complement previous studies on the outcome of intramodal competition, implying that entry is even more difficult than they predicted.
- Sprache
-
Englisch
- Erschienen in
-
Series: MAGKS Joint Discussion Paper Series in Economics ; No. 37-2011
- Klassifikation
-
Wirtschaft
Single Equation Models; Single Variables: Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions; Probabilities
Consumer Economics: Empirical Analysis
Market Structure, Pricing, and Design: General
Railroads and Other Surface Transportation
- Thema
-
competition
passenger
rail
transport
discrete choice
multinomial logit
Eisenbahnpersonenverkehr
Wettbewerb
Urlaubsverhalten
Präferenztheorie
Diskrete Entscheidung
Wechselkosten
Schätzung
Deutschland
Belgien
Niederlande
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Paha, Johannes
Rompf, Dirk
Warnecke, Christiane
- Ereignis
-
Veröffentlichung
- (wer)
-
Philipps-University Marburg, Faculty of Business Administration and Economics
- (wo)
-
Marburg
- (wann)
-
2011
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Paha, Johannes
- Rompf, Dirk
- Warnecke, Christiane
- Philipps-University Marburg, Faculty of Business Administration and Economics
Entstanden
- 2011
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