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Title: PRICING IN THE PLANNING OF TRANSPORTATION FACILITIES
Accession Number: 00312464
Record Type: Component
Availability: Find a library where document is available Abstract: If proper pricing according to marginal cost principles can be implemented, important improvements in the planning of investment are possible. In cases of daily or seasonal fluctuation in demand, less capacity will often be necessary. In some cases the optimum time for making an investment will be advanced (chiefly in new projects), but in others (particularly in additions to capacity) investment may be deferred. When future demand is uncertain, reductions in planned capacity may result by reason of the better adaptation to alternative developments that are possible with pricing. Where there are externalities, proper pricing methods or effluent charges applied according to eventual results can provide better planning or investment in pollution-abatement facilities or modifications than are likely to result from the imposition of standards. (Author)
Supplemental Notes: Publication of this paper sponsored by Task Force on Economic Analysis. Distribution, posting, or copying of this PDF is strictly prohibited without written permission of the Transportation Research Board of the National Academy of Sciences. Unless otherwise indicated, all materials in this PDF are copyrighted by the National Academy of Sciences. Copyright © National Academy of Sciences. All rights reserved.
Monograph Title: Monograph Accession #: 00391841
Report/Paper Numbers: HS-028 846
Corporate Authors: Transportation Research Board 500 Fifth Street, NW Authors: Vickrey, WilliamEditors: Singer-Bart, SPagination: pp 37-41
Publication Date: 1979
Serial: ISBN: 0309029864
Media Type: Print
Features: Figures
(4)
TRT Terms: Uncontrolled Terms: Subject Areas: Economics; Finance; Highways; Planning and Forecasting; Society
Files: HSL, TRIS, TRB
Created Date: Oct 27 1985 12:00AM
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