CONGESTION PRICING: A RESEARCH SUMMARY
Theoretical research on alternative methods of marginal cost applied to street traffic has indicated that net benefits would accrue through imposition of roadway prices. Limited experience with small steps in this direction has shown that the motorists are sluggish in responding to price changes, and that very large price changes would be needed to be effective. Local policy-makers have been reluctant to charge for road use for a number of reasons. Some form of experimentation with novel price changes is needed to generate the necessary information. Among the various avenues through which such experimentation might be pursued, designing and ultimately implementing a demonstration project appears to be the most promising way to evaluate the impacts of roadway pricing policies.
Washington, DC USA 20037
- Kulash, D
- Publication Date: 1974-7
- Pagination: 33 p.
- TRT Terms: Benefits; Costs; Demonstration projects; Economic impacts; Energy; Road pricing; Traffic congestion; Travel budgets
- Uncontrolled Terms: Road user costs
- Subject Areas: Economics; Energy; Finance; Highways; Operations and Traffic Management;
- Accession Number: 00263917
- Record Type: Publication
- Report/Paper Numbers: URI 83000
- Files: TRIS
- Created Date: Dec 13 1974 12:00AM