Mobile QR Code QR CODE : Journal of the Korean Society of Civil Engineers
Title A Study on Evaluation of Restoring Crosswalk and Improving Pedestrian Overpass by Contingent Valuation Method
Authors 이환진(Lee, Hwan Jin) ; 오윤표(Oh, Yun Pyo)
DOI https://doi.org/10.12652/Ksce.2012.32.4D.323
Page pp.323-333
ISSN 10156348
Keywords 조건부가치측정법;양분선택형 질문;지불의사금액;생존분석 contingent valuation method;dichotomous choice question;willingness to pay;survival analysis
Abstract This paper is aimed to recognize trends of various social groups about multiple transportation policies such as the crosswalk restoration by eliminating the pedestrian overpasses and the improvement or continuous extension of existing pedestrian overpasses, currently implemented in Busan, following the globally prevailing pedestrian-oriented transportation environment. Also, this paper utilizes Contingent Valuation Method (CVM) to evaluate the efficiency of individual alternatives in terms of respondent's willingness-to-pay (WTP). Consequently, survey participants preferred the crosswalk or improvement of the pedestrian overpasses rather than depending on the existing pedestrian overpasses. In addition, the WTP value for the crosswalk restoration is approximately 42,452 won per household per year, and, on the other hand, the WTP value for the improvement of existing pedestrian overpasses is approximately 36,793 won per household per year, implicating that the transportation policy makers are suggested to place more priorities on crosswalk restoration than the improvement of the existing pedestrian overpasses.