Analysis of ability to pay and willingness to pay for Jakarta light rail transit in Jakarta, Indonesia
Dwi Novi Wulansari, Adi Chandra Maulana, Milla Dwi Astari
Abstract
Dwi Novi Wulansari, Adi Chandra Maulana, Milla Dwi Astari
Abstract
This study aims to determine the tariff of Jakarta LRT based on the analysis of ability to pay and willingness to pay for taxi users. The ability to pay value analysis approach uses travel cost method and determination of willingness to pay value using discrete choice analysis. From the analysis results can be seen that the value of the ability to pay is Rp. 63.316 and the willingness to pay value is Rp. 11.500. This indicates that the willingness to pay taxi users is less than the ability to pay.
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This study aims to determine the tariff of Jakarta LRT based on the analysis of ability to pay and willingness to pay for taxi users. The ability to pay value analysis approach uses travel cost method and determination of willingness to pay value using discrete choice analysis. From the analysis results can be seen that the value of the ability to pay is Rp. 63.316 and the willingness to pay value is Rp. 11.500. This indicates that the willingness to pay taxi users is less than the ability to pay.
Key concepts: Willingness to pay, Transit (satellite), Business, Transport engineering, Light rail transit, Telecommunications, Public transport, Computer science