Ability To Pay (ATP) and Willingness To Pay (WTP) Jakarta Mass Rapid Transit
- DOI
- 10.2991/978-94-6463-384-9_30How to use a DOI?
- Keywords
- Ability To Pay; Willingness To Pay; Travel Cost Individual; Frequency Distribution
- Abstract
The Jakarta MRT has been operating on the Lebak Bulus - Bundaran HI line with a total of 13 stations with the farthest trip fare of the Jakarta MRT at Rp14,000. Currently, an extension of the Jakarta MRT route across Bundaran HI - Kota is being carried out by adding 8 stations which will be directly integrated with TransJakarta bus stops. With the construction of phase 2A of the Jakarta MRT, it is necessary to review tariff determination using Ability To Pay (ATP) and Willingness To Pay (WTP). This study aims to identify the characteristics of potential passengers of MRT Jakarta phase 2A, as well as to analyze the amount of Ability To Pay (ATP) and Willingness to Pay (WTP) of MRT Jakarta phase 2A. This analysis was conducted on 400 Jakarta MRT phase 1 users and TransJakarta users at bus stops around the planned location of the Jakarta MRT Station phase 2A. The ATP analysis used an individual travel cost approach and obtained a result of Rp17,044. While determining the WTP value using a cumulative frequency distribution approach and obtained a WTP value of IDR 19,000. The Ability to Pay (ATP) value is smaller than the Willingness to Pay (WTP) which indicates that MRT users are referred to as captive riders.
- Copyright
- © 2024 The Author(s)
- Open Access
- Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
Cite this article
TY - CONF AU - Nur Nayla Rahma AU - Atik Roro Siti Kuswati AU - Safrudin Kurniawan PY - 2024 DA - 2024/02/20 TI - Ability To Pay (ATP) and Willingness To Pay (WTP) Jakarta Mass Rapid Transit BT - Proceedings of the 2nd International Conference on Railway and Transportation 2023 (ICORT 2023) PB - Atlantis Press SP - 341 EP - 349 SN - 2352-5401 UR - https://doi.org/10.2991/978-94-6463-384-9_30 DO - 10.2991/978-94-6463-384-9_30 ID - Rahma2024 ER -