TOLL PRICING AND ITS RELATIONSHIP TO TRAVEL DEMAND, ELASTICITY, AND DISTRIBUTION OF ECONOMIC ACTIVITIES FOR HAMPTON ROADS, VIRGINIA

THE EFFECT OF TOLL PRICING ON TRAVEL DEMAND AND DISTRIBUTION OF ECONOMIC ACTIVITIES IN THE HAMPTON ROADS AREA OF SOUTHEASTERN VIRGINIA IS PRESENTED. A METHODOLOGY IS DESCRIBED THAT PROJECTS SIMULTANEOUSLY TRAVEL DEMAND AND DISTRIBUTION OF POPULATION AND EMPLOYMENT. THE RESULTS OF TESTING FUTURE ALTERNATIVE CONDITIONS FOR CROSSING HAMPTON ROADS ARE USED TO ILLUSTRATE THE IMPACT OF CHANGES IN NEW FACILITIES AND TOLL PRICING ON TRAVEL DEMAND, AVERAGE VEHICULAR TRIP LENGTH, TRIP PURPOSE, AND DISTRIBUTION OF FUTURE POPULATION AND EMPLOYMENT. THE FINDINGS IN THIS PAPER OFFER AN ALTERNATIVE METHOD TO THE PROJECTION OF A SINGLE-DEMAND ESTIMATE USED IN MOST URBAN AREA TRANSPORTATION STUDIES. THE CONSIDERATION FOR THE ELASTICITY OF DEMAND WITH RESPECT TO PRICE DESCRIBED IN THIS PAPER COULD BE APPLIED TO THE ANALYSIS OF MAJOR FACILITIES WITHIN URBANIZED AREAS OR BETWEEN MAJOR REGIONS THAT ARE CONSIDERING TOLL-PRICING POLICIES OR BROADER TRANSPORT-PRICING POLICIES. /AUTHOR/

Media Info

  • Media Type: Print
  • Features: Figures; References; Tables;
  • Pagination: pp 166-181
  • Monograph Title: Planning and Evaluation of Transportation Systems
  • Serial:

Subject/Index Terms

Filing Info

  • Accession Number: 00202009
  • Record Type: Publication
  • ISBN: 0309019605
  • Files: TRIS, TRB
  • Created Date: Oct 3 1971 12:00AM