Jinpeng Wen, Hongcheng Gan, Ke Wang, Xinyu Wang, Yue Huang, Huan Lu
{"title":"The effects of face consciousness on young travelers’ intention to adopt mobility as a service (MaaS): A case study in Shanghai, China","authors":"Jinpeng Wen, Hongcheng Gan, Ke Wang, Xinyu Wang, Yue Huang, Huan Lu","doi":"10.1016/j.retrec.2025.101536","DOIUrl":"10.1016/j.retrec.2025.101536","url":null,"abstract":"<div><div>Despite widespread interest in mobility as a service (MaaS), there is a lack of evidence regarding the potential impact of cultural values on its adoption intention. In this paper, we identify face consciousness as a key cultural differentiator in understanding the intention of young Chinese travelers under 40 to adopt MaaS. Based on 329 online survey samples in Shanghai, an extended technology acceptance model (TAM) was established to analyze the direct and indirect effects of perceived ease of use (PEU), perceived usefulness (PU), individual innovativeness (IN), subjective norms (SN) and face consciousness (FC) on MaaS adoption intention (AI). The results show that perceived ease of use, perceived usefulness, individual innovativeness and subjective norms have a significant positive impact on MaaS adoption intention, and face consciousness indirectly affects MaaS adoption intention through the mediating effect of subjective norms. Finally, this study discusses implications for market strategies and policy measures.</div></div>","PeriodicalId":47810,"journal":{"name":"Research in Transportation Economics","volume":"110 ","pages":"Article 101536"},"PeriodicalIF":4.6,"publicationDate":"2025-03-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143609300","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Referential transit prices for users of reduced fare programs","authors":"Sergio R. Jara-Diaz, Diego Cruz, Felipe Tapia","doi":"10.1016/j.retrec.2025.101533","DOIUrl":"10.1016/j.retrec.2025.101533","url":null,"abstract":"<div><div>Students, elderly, handicapped, and low-income individuals can apply for reduced fare programs (RFPs) in many cities worldwide. Such programs represent specific social preferences for those groups. However, prices in RFPs are always reported as a fraction of the so-called full fare, which is presented as society's willingness to favor those groups for whatever reasons. We argue that full fares are not the correct reference for comparison because special groups exhibit differences in how they use the transit system (e.g., different trip lengths, boarding times, or different occupation of vehicle space), which induces differences in <em>marginal costs</em>. By expanding the well-known one-line stylized transit model to admit different user types, we show that marginal cost fares depend on trip characteristics such as boarding-alighting times and/or average trip lengths. These group-specific marginal cost (first best) prices are proposed as the appropriate reference for comparison with the observed fares. This means that social preferences for special groups should be reflected by fares lower than the corresponding marginal social cost. This general theoretical framework is applied to elders and students using parameters from Santiago, Chile, where observed fares are lower than the full fare but higher than the estimated marginal social cost.</div></div>","PeriodicalId":47810,"journal":{"name":"Research in Transportation Economics","volume":"110 ","pages":"Article 101533"},"PeriodicalIF":4.6,"publicationDate":"2025-03-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143580196","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Priyanka Paithankar, Maithreyi Vellimana, Kara M. Kockelman
{"title":"Impact of autonomous vehicles on long-distance travel mode and destination choices in Texas","authors":"Priyanka Paithankar, Maithreyi Vellimana, Kara M. Kockelman","doi":"10.1016/j.retrec.2025.101521","DOIUrl":"10.1016/j.retrec.2025.101521","url":null,"abstract":"<div><div>Privately owned and shared autonomous passenger vehicles (AVs and SAVs) and autonomous heavy-duty trucks (ATrucks) are expected to one day be widely available across the US and other nations. This study extends Texas’ Statewide Analysis Model (SAM) to compare scenarios with and without AVs, SAVs, and ATrucks, while restricting empty AV and ATruck travel—only SAVs are allowed to operate without passengers. Results suggest that, on average, individuals are likely to choose more remote destinations, as seen by an 18% rise in (average ) long-distance (over 50 miles, one-way) business trips (from 121 to 142 miles) and 13% for non-business trips (from 135 to 151 miles). AVs and SAVs accounted for 14% of one-person (single-occupant) long-distance trips across Texas, contributing to a 17 percentage-point reduction in long-distance trips made by human-driven vehicles. For (one-way) person-trips between 50 and 400 miles, SAVs carrying 3+ passengers accounted for 14.4% of the total daily statewide (310 million) person-miles traveled (PMT), two-passenger SAVs made up 7.8%, and one-person AV trips represented 10.7%. In the freight sector, ATrucks were the preferred mode, handling 35% of freight ton-miles, surpassing rail at 24% and human-driven trucks (HTrucks) at 16% (vs 52% and 33% via HTrucks and rail, respectively, before the inclusion of ATrucks). Results suggest serious congestion issues if travel demand management measures are not implemented, with statewide daily VMT rising 24% (from 1.10 to 1.36 billion vehicle-miles) and distance-weighted average network speeds falling 37% (from 25.8 to 18.9 miles per hour).</div></div>","PeriodicalId":47810,"journal":{"name":"Research in Transportation Economics","volume":"110 ","pages":"Article 101521"},"PeriodicalIF":4.6,"publicationDate":"2025-03-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143549352","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Are past ownership experience and satisfaction major determinants of endorsement and future demand for zero emission vehicle technology when accounting for vehicle characteristics?","authors":"Hui Shi, Konstadinos G. Goulias","doi":"10.1016/j.retrec.2025.101535","DOIUrl":"10.1016/j.retrec.2025.101535","url":null,"abstract":"<div><div>Considering the worldwide impacts of climate change, it is crucial to embrace sustainable transport alternatives in order to reduce the emission of greenhouse gases. This study seeks to probe the impact factors of future vehicle choices and recommendations to other potential users. Specifically, clustering is first done based on vehicle attributes to group users' future vehicle intentions. Then a weighted multinomial logistic model (MNL) is developed to study the impact factors of people's future vehicle demand. Following that, three distinct models are evaluated to identify factors influencing consumer willingness to recommend three different zero-emission vehicles (ZEVs) listed by the California Air Resources Board, namely plug-in hybrid electric vehicles (PHEVs), battery electric vehicles (BEVs), and hydrogen fuel cell electric vehicles (FCEVs), with past experiences (reflected by post-purchase satisfaction in this study) serving as mediators. Finally, the relationship between past experiences and future vehicle demand is discussed. Future vehicle choices are classified into four groups that based on fuel type, body size, vehicle addition or replacement, and desire for new or used automobiles. The results indicate that consumers who have experienced sustainable vehicles are more likely to continue to select them in the future. In terms of the impact factors of ZEV satisfaction and recommendation, PHEV owners are concerned about the costs associated with gasoline and electricity consumption at home. BEV users consider not just all of the aforementioned but also battery range and the availability of public charging stations. FCEV users value the convenience of refueling their vehicles.</div></div>","PeriodicalId":47810,"journal":{"name":"Research in Transportation Economics","volume":"110 ","pages":"Article 101535"},"PeriodicalIF":4.6,"publicationDate":"2025-03-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143549351","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"What can empirical utility functions tell us about the value of a statistical life?","authors":"Rune Elvik","doi":"10.1016/j.retrec.2025.101534","DOIUrl":"10.1016/j.retrec.2025.101534","url":null,"abstract":"<div><div>This paper explores how utility functions for income and health state can be applied in order to develop closed-form estimates of the value of a statistical life based on an assumption of utility maximisation. For utility functions fitted to the results of studies of life satisfaction in Norway, most estimates of the value of a statistical life are quite low, in the range of 2–30 million NOK. These estimates refer to reducing the risk of a traffic fatality, which currently is about 20 per 1 million inhabitants in Norway. These estimates are lower than nearly all estimates developed in a road safety valuation study made in 2010. By combining utility functions for health impairments and utility functions for income, it is possible to estimate the monetary compensation for a health impairment needed to restore the initial level of utility. These estimates can be extrapolated to obtain estimates of the value of a statistical life.</div></div>","PeriodicalId":47810,"journal":{"name":"Research in Transportation Economics","volume":"110 ","pages":"Article 101534"},"PeriodicalIF":4.6,"publicationDate":"2025-03-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143528789","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Aziz Ullah , He Biao , Suleman Sarwar , Zhongshu Wu
{"title":"Transmission of oil price risk to airline stock returns: Evidence from China and the United States","authors":"Aziz Ullah , He Biao , Suleman Sarwar , Zhongshu Wu","doi":"10.1016/j.retrec.2025.101532","DOIUrl":"10.1016/j.retrec.2025.101532","url":null,"abstract":"<div><div>This paper focuses on analyzing the volatility spillover relationship between oil returns and the airline industries in G2 economies (China and the United States) during three major crisis events: U.S.-China trade tensions, COVID-19, and the Russia-Ukraine conflict. Using asymmetric DCC-GARCH, BEKK-GARCH, and continuous wavelet coherence analysis methods, the study examines how these crises impact the volatility between oil and airline stocks. The findings of BEKK-GARCH demonstrate that the oil market's past volatility negatively affected the Chinese airline stocks during COVID-19, with a similar effect observed for the USA during the Russian-Ukraine crisis. The optimal weights offer portfolio diversification during the recent war crises for both. Regarding hedging effectiveness, the airline industries benefit from including oil assets in their portfolios to mitigate risks. The wavelet coherence analysis shows a significant multi-waves in-phase (positive) co-movement for China. The oil-returns and China Xiamen Airline (OR-CHX) correlation is prominent during health and war crises. In the United States, except for OR-southwest Airline (SWT), the co-movement exhibited a counter-cyclical (negative) coherence at a medium scale. Based on these empirical findings, portfolio managers and policymakers should incorporate oil assets into their portfolios as a strategic measure to reduce risk.</div></div>","PeriodicalId":47810,"journal":{"name":"Research in Transportation Economics","volume":"110 ","pages":"Article 101532"},"PeriodicalIF":4.6,"publicationDate":"2025-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143520374","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Maite Pellicer-Chenoll, Laura Antón-González, Israel Villarrasa-Sapiña, Jose Devís-Devís, Luis-Millán González, Miquel Pans
{"title":"Effects of building cycling infrastructure on bicycle use: Differences by gender through a longitudinal natural experiment study","authors":"Maite Pellicer-Chenoll, Laura Antón-González, Israel Villarrasa-Sapiña, Jose Devís-Devís, Luis-Millán González, Miquel Pans","doi":"10.1016/j.retrec.2025.101531","DOIUrl":"10.1016/j.retrec.2025.101531","url":null,"abstract":"<div><div>Cycling as a mode of urban transportation is considerably more prevalent among men than women in many countries. One factor contributing to this gap is the perception of safety associated with cycling, particularly due to the lack of secure infrastructure. This study investigated the effect of constructing cycling infrastructure, specifically segregated bike lanes, on bicycle usage, with particular emphasis on gender discrepancies. Using data from Strava Metro, we analysed the change in bicycle usage in Valencia over a four-year period, both before and after the introduction of the new segregated bike lanes. The findings revealed a notable increase in the utilisation of segregated lanes, with a more significant impact observed among women than among men. The construction of this infrastructure appeared to influence a tangible increase in bicycle usage among women. These results underscore the importance of investing in a segregated cycling infrastructure to promote active transportation and mitigate gender disparities in bicycle usage.</div></div>","PeriodicalId":47810,"journal":{"name":"Research in Transportation Economics","volume":"110 ","pages":"Article 101531"},"PeriodicalIF":4.6,"publicationDate":"2025-02-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143471619","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Precision scheduled railroading, demurrage, and shipper adjustments","authors":"Elvis Ndembe","doi":"10.1016/j.retrec.2025.101522","DOIUrl":"10.1016/j.retrec.2025.101522","url":null,"abstract":"<div><div>This study examines the likely linkage between reported precision scheduled railroading PSR implementation and escalating demurrage using Class I freight railroad traffic and financial data between 2002 and 2017. Our empirical analysis shows that PSR operational changes have led to higher demurrage. PSR implementation is associated with an estimated 71 percent increase in total real demurrage per car mile. Results indicate that shippers have not adjusted to PSR related changes to mitigate the increasing burden of railcar delay charges. However, railroads billed shippers with privately-owned railcars an estimated 0.43% less in total real demurrage per car mile compared to shippers using railroad-owned freight cars. This suggests that shippers using privately-owned railcars have been able to mitigate part of the effects and changes imposed by PSR. Results show that Class I freight railroad demurrage and operational policies have differential effects on total real demurrage per car mile compared to the base railroad when controlling for PSR. Even though we do not attribute escalating demurrage entirely on PSR, overall, these results support the idea that PSR adoption contributes to the higher-than-normal demurrage billed to shippers for railcar related delays.</div></div>","PeriodicalId":47810,"journal":{"name":"Research in Transportation Economics","volume":"109 ","pages":"Article 101522"},"PeriodicalIF":4.6,"publicationDate":"2025-02-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143429008","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Nicolás Cabello , Patricia Galilea , Juan de Dios Ortúzar
{"title":"Valuing improvements to bus universal accessibility for visually impaired users: A case study in Santiago, Chile","authors":"Nicolás Cabello , Patricia Galilea , Juan de Dios Ortúzar","doi":"10.1016/j.retrec.2025.101523","DOIUrl":"10.1016/j.retrec.2025.101523","url":null,"abstract":"<div><div>While the implementation of public transport initiatives in various countries has significantly improved universal accessibility, it's important to note that they have primarily catered for individuals with physical disabilities. The needs and barriers of the visually impaired, a distinct population segment, have not received the same level of attention.</div><div>We examine three elements designed to improve universal bus accessibility for the visually impaired: <em>audio-visual information inside buses</em>, <em>auditory information outside buses</em>, and <em>bus standardization</em>, to contribute to the design and social evaluation of appropriate policies for this segment. We applied a stated choice survey, including perceptual indicators designed to assess the respondents' ability to move independently in the city. Information from 529 individuals allowed us to estimate hybrid choice models, incorporating two latent variables associated with respondents' independence (technological and mobility-wise).</div><div>We found that subjective valuations differed markedly for people with and without visual impairments and depended on gender, physical disability, occupation and car availability. Results suggest that the social worth of these measures could be substantial given the life span of urban buses. Our approach can be generalised to other countries/regions, with the potential for even higher valuations, as Santiago's public transport system is better than the norm.</div></div>","PeriodicalId":47810,"journal":{"name":"Research in Transportation Economics","volume":"110 ","pages":"Article 101523"},"PeriodicalIF":4.6,"publicationDate":"2025-02-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143427647","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Horizontal port integrations under mixed ownership","authors":"Lili Xu , Yuntong Yin , Sang-Ho Lee","doi":"10.1016/j.retrec.2025.101520","DOIUrl":"10.1016/j.retrec.2025.101520","url":null,"abstract":"<div><div>This study examines the effects of horizontal port integrations between public and private ports under mixed ownership. It distinguishes two different types of integrations between adjacent (A-type) and non-adjacent (N-type) integrations, wherein a private port integrates with a neighboring or non-adjacent public port, respectively. Our analysis reveals that, compared with no integration, both types of integrations are profitable for the merged port when the private share of mixed ownership is high. A-type integration consistently improves local and social welfare, whereas N-type integration only achieves this benefit with lower private share levels. However, compared with N-type integration, A-type integration benefits both the port industry and society but harms shippers. This examination of merged entities' non-uniform pricing strategies corroborates conclusions drawn under a uniform pricing regime and underscores the advisability of governmental promotion of integrations between private ports and their neighboring public counterparts.</div></div>","PeriodicalId":47810,"journal":{"name":"Research in Transportation Economics","volume":"109 ","pages":"Article 101520"},"PeriodicalIF":4.6,"publicationDate":"2025-02-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143388226","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}