TY - GEN
T1 - Assessing Road Users’ Willingness to Pay for Toll Road Usage
T2 - 7th International Conference on Architecture and Civil Engineering, ICACE 2023
AU - Widyastuti, Hera
AU - Baharini, Intan Novelia
AU - Prastyanto, Catur Arif
N1 - Publisher Copyright:
© The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd. 2024.
PY - 2024
Y1 - 2024
N2 - Toll roads have emerged as a one of solutions to consider traffic congestion in Indonesia. The ongoing development of toll roads aims to cater to the growing demands of the community for seamless mobility. These efforts are driven by the aspiration to encourage widespread adoption of toll roads alongside other transportation modes, particularly highways, to contribute significantly to alleviating Indonesia's traffic congestion. To realize this vision, a comprehensive assessment of road users’ Willingness to Pay (WTP) for toll road usage becomes imperative. WTP analysis considers multiple factors, including income, expenditure patterns, and travel behavior. Travel behavior reflects how individuals interact with transportation infrastructure based on their specific needs, exerting a substantial influence on travel frequency. This study investigates into the assessment of road users’ WTP for toll road utilization, with a primary focus on travel behavior. Employing probability analysis, we construct a binary logit model, synthesized from four distinct alternative models. Our research endeavors to establish probability values and determine WTP in response to toll tariff adjustments. These determinations are considered through inputting variable values into the equation model derived from binary logit analysis. The findings reveal distinct average probabilities across the models, ranging from 65.9% to 70%. These results provide valuable insights into road users’ WTP for toll road utilization, considering the nuances of travel behavior. Such insights can inform toll road policies, pricing strategies, and infrastructure development plans, contributing to more efficient traffic management and the sustained growth of Indonesia's transportation network.
AB - Toll roads have emerged as a one of solutions to consider traffic congestion in Indonesia. The ongoing development of toll roads aims to cater to the growing demands of the community for seamless mobility. These efforts are driven by the aspiration to encourage widespread adoption of toll roads alongside other transportation modes, particularly highways, to contribute significantly to alleviating Indonesia's traffic congestion. To realize this vision, a comprehensive assessment of road users’ Willingness to Pay (WTP) for toll road usage becomes imperative. WTP analysis considers multiple factors, including income, expenditure patterns, and travel behavior. Travel behavior reflects how individuals interact with transportation infrastructure based on their specific needs, exerting a substantial influence on travel frequency. This study investigates into the assessment of road users’ WTP for toll road utilization, with a primary focus on travel behavior. Employing probability analysis, we construct a binary logit model, synthesized from four distinct alternative models. Our research endeavors to establish probability values and determine WTP in response to toll tariff adjustments. These determinations are considered through inputting variable values into the equation model derived from binary logit analysis. The findings reveal distinct average probabilities across the models, ranging from 65.9% to 70%. These results provide valuable insights into road users’ WTP for toll road utilization, considering the nuances of travel behavior. Such insights can inform toll road policies, pricing strategies, and infrastructure development plans, contributing to more efficient traffic management and the sustained growth of Indonesia's transportation network.
KW - Binary logit
KW - Toll road
KW - Transportation infrastructure
KW - Travel behavior
KW - Willingness to Pay
UR - http://www.scopus.com/inward/record.url?scp=85200411805&partnerID=8YFLogxK
U2 - 10.1007/978-981-97-0751-5_48
DO - 10.1007/978-981-97-0751-5_48
M3 - Conference contribution
AN - SCOPUS:85200411805
SN - 9789819707508
T3 - Lecture Notes in Civil Engineering
SP - 537
EP - 546
BT - Advances in Civil Engineering Materials - Selected Articles from the 7th International Conference on Architecture and Civil Engineering ICACE 2023
A2 - Nia, Elham Maghsoudi
A2 - Awang, Mokhtar
PB - Springer Science and Business Media Deutschland GmbH
Y2 - 15 November 2023 through 15 November 2023
ER -