Stated Adaptation Experiment for Individuals’ Time and Money Budget Allocation Decisions on Out-of-Home Leisure Activities

摘要

In this paper, we report the first findings of a web-based stated adaptation experiment for timeand money budget allocation of individuals on their out-of-home leisure activities. Thisexperiment is based on a model that is developed by the authors. It includes the data of 529individuals which is a representative sample of the Dutch population. In the experiment,individuals are asked to adjust their time and money allocations including travel componentsin response to hypothetical scenarios such as a decrease in their income and increase in theirworking hours. Moreover, respondents are asked to report how they would make the changesin their budget allocation which gives a behavioral insight to the analysis. The data will allowthe proposed models to be estimated. The paper focuses on the description of the new datacollection instrument and application in a survey, and reports descriptive statistics of thestated-adaptation data obtained.