Template-Type: ReDIF-Paper 1.0
Series: Tinbergen Institute Discussion Papers
Creation-Date: 2005-10-12
Number: 05-090/3
Author-Name: Thomas de Graaff
Author-Email: tgraaff@feweb.vu.nl
Author-Workplace-Name: Faculty of Economics and Business Administration, Vrije Universiteit Amsterdam
Author-Name: Henri L.F. de Groot
Author-Email: hgroot@feweb.vu.nl
Author-Workplace-Name: Faculty of Economics and Business Administration, Vrije Universiteit Amsterdam
Author-Name: Caroline A. Rodenburg
Author-Email: caroline.rodenburg@nl.ey.com
Author-Workplace-Name: Faculty of Economics and Business Administration, Vrije Universiteit Amsterdam, and Ernst & Young
Author-Name: Erik T. Verhoef
Author-Email: everhoef@feweb.vu.nl
Author-Workplace-Name: Faculty of Economics and Business Administration, Vrije Universiteit Amsterdam
Title: The WTP for Facilities at the Amsterdam Zuidas
Abstract: This paper reports the results of a stated preference study investigating the Willingness-to-pay (WTP) of employees at the Amsterdam Zuidas for the presence of non-shopping and shopping facilities. The Amsterdam Zuidas area, surrounding the current train-metro-tram station Amsterdam Zuid World-Trade-Centre, is the largest multifunctional land use project currently under development in The Netherlands. For non-shopping facilities, the results show that employees have the highest WTP for the presence of day-care centres and public transport facilities, and the lowest for public and recreation facilities. The average WTP for the presence of non-shopping facilities amounts to approximately € 29 per month per employee. The WTP for the presence of shopping facilities is estimated at € 16 per month per employee on average, and is in absolute value highest for supermarkets and lowest for hairdressers and dry cleaners.
Classification-JEL: C42; R14
Keywords: Multifunctional Land Use; Roy's Selection Model; Stated Preference Survey; Willingness to Pay
File-Url: https://papers.tinbergen.nl/05090.pdf
File-Format: application/pdf
File-Size: 425894 bytes
Handle: RePEc:tin:wpaper:20050090