Undergraduate Honors Theses

Thesis Defended

Spring 2013

Document Type

Thesis

Department

Economics

First Advisor

Nicholas Flores

Second Advisor

Terra McKinnish

Third Advisor

Fernando Riosmena

Abstract

A decade of surging bicycle use has attracted little research seeking to measure bicycle utility, infrastructure preferences, and the tension between transportation budgets versus the demands of cyclists, pedestrians, and motorists. A review of the literature shows only one study applying non-market valuation tools to study this issue and demographic surveys tracking gender, age, and income have provided little guidance. Using paired comparison and contingent valuation methods, this paper adds to existing research regarding cyclists’ infrastructure preference and attempts to identify a model for valuing specific infrastructure options. Results suggest strong and easily identifiable preference ordering but do not return an explanatory model for infrastructure valuation.

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