Quotation Hatzinger, Reinhold, Mazanec, Josef. 2007. Measuring the part worth of the mode of transport in a trip package: An extended Bradley-Terry model for paired-comparison conjoint data. Journal of Business Research 60 (12): S. 1290-1302.


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Abstract

This study measures the travelers' perceived change in utility by accepting one of the modes of transport air, rail, or bus as one component of a packaged city trip. The part-worth values for the trip product elements are expected to depend on a number of traveler characteristics. The predictors hypothesized are city travel experience, general modal preference, socio-economic status, and car ownership. In the survey, the combinations of trip attributes differed between the two subgroups of leisure and business travelers. The leisure travelers rated three levels of mode, length of stay, and price, but only one level of the hotel category. The business travelers were shown four mode alternatives and only two levels for each of the other trip product elements. The conjoint measurements were elaborated by fitting an Extended Bradley–Terry Model. Demonstrating the application of the EBTM is the main purpose of the paper. The EBTM offers several advantages over the more popular versions of conjoint analysis. It correctly treats ties and allows for simultaneous estimation of the trip package (object) parameters, object covariates (trip attributes), subject covariates (traveler characteristics) and their interactions. For both the business and the leisure travelers, the mode of transport dominated the assessment of a city trip package.

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Publication's profile

Status of publication Published
Affiliation WU
Type of publication Journal article
Journal Journal of Business Research
Citation Index SSCI
WU Journalrating 2009 A
WU-Journal-Rating new FIN-A, INF-A, STRAT-B, VW-D, WH-B
Language German
Title Measuring the part worth of the mode of transport in a trip package: An extended Bradley-Terry model for paired-comparison conjoint data
Volume 60
Number 12
Year 2007
Page from 1290
Page to 1302
Reviewed? Y
URL http://www.sciencedirect.com/science?_ob=ArticleURL&_udi=B6V7S-4P12787-1&_user=464393&_coverDate=12%2F31%2F2007&_rdoc=11&_fmt=summary&_orig=browse&_srch=doc-info(%23toc%235850%232007%23999399987%23671358%23FLA%23display%23Volume)&_cdi=5850&_sort=d&_docanchor=&_ct=11&_acct=C000022138&_version=1&_urlVersion=0&_userid=464393&md5=f2908986568e99dd875de257c7c8341f

Associations

People
Hatzinger, Reinhold (Former researcher)
Mazanec, Josef (Details)
Organization
Service Marketing and Tourism IN (Details)
Institute for Statistics and Mathematics IN (Details)
Research Institute for Supply Chain Management FI (Details)
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