Please use this identifier to cite or link to this item: http://scholarbank.nus.edu.sg/handle/10635/146986
Title: HOW SALIENCY OF TRAIN DELAYS AFFECTS MODE CHOICE AND PERCEIVED RELIABILITY.
Authors: LIM WEI YANG JEREMY
Keywords: Salience, Bounded Rationality, Uncertainty, Travel Behaviour
Issue Date: 9-Apr-2018
Citation: LIM WEI YANG JEREMY (2018-04-09). HOW SALIENCY OF TRAIN DELAYS AFFECTS MODE CHOICE AND PERCEIVED RELIABILITY.. ScholarBank@NUS Repository.
Abstract: This paper examines whether the saliency of information affects decision-making under uncertainty. I use the event of a train disruption as a means to randomize the saliency of information; the disruption is more salient to commuters who were negatively affected by the disruption. Using a difference-in-differences model, I estimate that commuters who were affected by the disruption are 7.1 and 4.8 percentage points more likely to exhibit a change in travel behaviour compared to commuters who were unaffected by the disruption in the same week and the next week following the disruption respectively. No statistically significant treatment effect was found for the third week following the disruption. Consistent with predictions, the treatment effect is the greatest in the period closest to the disruption – when the salience of the disruption is the greatest – and tapers off with time. The sign and magnitude of the results are largely stable to alternative specifications.
URI: http://scholarbank.nus.edu.sg/handle/10635/146986
Appears in Collections:Bachelor's Theses (Restricted)

Show full item record
Files in This Item:
File Description SizeFormatAccess SettingsVersion 
Lim Wei Yang Jeremy AY1718 Sem 2.pdf675.68 kBAdobe PDF

RESTRICTED

NoneLog In

Page view(s)

6
checked on Sep 20, 2018

Download(s)

2
checked on Sep 20, 2018

Google ScholarTM

Check


Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.