Environmental Engineering Reference
In-Depth Information
level the policy is trying to influence. The results have been analyzed in terms of
WTP so to facilitate interpretation and, under this respect, the robust estimation
conducted on the coefficients' ratios allowed us to produce monetary confidence
intervals for each of the policy attribute considered. The comparison between M1
(linear effects) and M2 (non-linear effects) shows that potentially relevant biases
could characterize the results obtained if non-linearities in the effects are duly
accounted for. The limited amount of observations available do not suggest
extrapolating the results to a real-life context, however we trust the reader will
appreciate the methodology exposed as useful in providing local policy-makers
with relevant information. Future research will pursue two different but concurrent
objectives. On one side we will perform similar investigations on two other rel-
evant UGM agent-types, namely transport providers and own account, while, on
the other, from a methodological perspective, we will also investigate other
potentially relevant issues such as for instance: (1) various forms of heterogeneity
in preferences (e.g. investigating deterministic, stochastic, as well as both deter-
ministic and stochastic, see Marcucci and Gatta 2012 ); (2) develop interactive
choice models along the methodological lines proposed by Hensher and colleagues
at ITSL Sydney (Hensher and Puckett 2007 ; Puckett et al. 2007 ); (3) adopt
Bayesian estimation methods since they are particularly useful when researchers
are faced with a limited number of observations.
Acknowledgments Acknowledgments: we would like to thank Volvo Research Foundation for
funding the project SP-2007-50 ''Innovative solutions to freight distribution in the complex large
urban area of Rome'' and all those people who administrated the interviews, in particular Matteo
Russo, Silvia De Silvestris, Vivian Diaferia, Amedeo Nanni, Giacomo Lozzi, Matteo Genovese,
Francesco Di Antonio, Emanuele Barzagli, Amedeo Naponiello.
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