Open AccessStudy of willingness to pay the Jakarta-Bandung highspeed train: a case study of Argo Parahyangan train passangers
Author(s) -
Anggit Lestari Putri,
Hera Widyastuti
Publication year - 2019
Publication title -
iop conference series. materials science and engineering
Language(s) - English
Resource type - Journals
eISSN - 1757-899X
pISSN - 1757-8981
DOI - 10.1088/1757-899x/650/1/012048
Subject(s) - willingness to pay , preference , value (mathematics) , transport engineering , distribution (mathematics) , mode (computer interface) , business , modernization theory , geography , advertising , economics , engineering , statistics , computer science , mathematics , economic growth , microeconomics , mathematical analysis , operating system
Currently the increase in vehicle volume in the cities of Bandung and Jakarta has grown very rapidly. This is accompanied by an increase in the volume of vehicles traveling from Jakarta to Bandung and vice versa. High Speed Train (HST) becoming the government’s choice as a form of mass transportation modernization in Indonesia in building inter-city connectivity and regional development. Study or research on willingness to pay (WTP) is needed to find out the prices that are desired by prospective users. The method used in this study are distribution of questionnaires and interviews with stated preference techniques. The result that the highest probability value is in scenario 1 frequency with a probability value of 96.00%. Or it can be interpreted that as many as 96.00% of respondents of Argo Parahyangan train users will use the HST if the facilities offered are the frequency of train departures once an hour. The biggest WTP is in the scenario conditions offered, namely intermodal accessibility connected with the LRT (Light Rail Transit) mode, and also once a hour frequency scenario where the WTP value reaches.