AN ASSESSMENT OF TRAVEL PRICING STRATEGIES
A number of economists who have looked at our transportation problems have concluded that one of the key reasons we drive so much is because driving and the use of roads is underpriced. When prices are low, or the price is not perceived for what it is, i.e. the market signal is weak, then demand will not be tempered by market signals. There are a number of strategies by which market signals for travel demand can be strengthened. This report describes four major pricing strategies that recently have been discussed, analyzed and reviewed (and in a few cases implemented) by transportation planners, analysts and economists. The travel pricing strategies discussed in this report are: congestion pricing, parking pricing, fuel taxes and vehicle miles traveled/emission fees.
Regional Transportation Authority181 West Madison, Suite 1900
Chicago, IL United States 60602
- Publication Date: 1994-9
- Features: Appendices; Figures; Tables;
- Pagination: 77 p.
- TRT Terms: Assessments; Congestion pricing; Fuels; Impact fees; Parking; Pollutants; Pricing; Strategic planning; Taxation; Traffic congestion; Travel; Travel demand; Vehicle miles of travel
- Uncontrolled Terms: Emission fees
- Subject Areas: Economics; Energy; Finance; Highways; Society; I10: Economics and Administration;
- Accession Number: 00722147
- Record Type: Publication
- Files: TRIS
- Created Date: Jun 17 1996 12:00AM