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Title: PEAK PRICING STRATEGIES IN TRANSPORTATION, UTILITIES, AND TELECOMMUNICATIONS: LESSONS FOR ROAD PRICING
Accession Number: 00648244
Record Type: Component
Availability: Transportation Research Board Business Office 500 Fifth Street, NW Find a library where document is available Abstract: The objections to road pricing cited by policy makers, politicians, and the public and the reasons for rejecting road pricing could apply equally well to other "utility-like" goods or services such as telecommunications, transit, and electricity. In telecommunications, for example, pricing does not completely eliminate queueing, there has been excess capacity in the past, the network has been paid for, and there are few substitutes. High peak prices also discriminate against the poor. But peak-period premiums and off-peak discounts have become common or are being experimented with, and consumers seem to accept this with equanimity. What explains the acceptance of these situations? What analogies and contrasts among and between these situations help explain the acceptance and use of peak-period charges when they are applied, and what does this imply about the potential for use of congestion pricing on the roads in the United States? The answers to these questions are discussed in this paper. In separate sections, telecommunications, airports, transit, and electric utilities are examined for their institutional features, economic characteristics, and pricing strategies. The final section provides an assessment of the analogies and contrasts and a compendium of potential lessons to be learned for introducing peak pricing of roads.
Supplemental Notes: This paper was presented at the TRB/CBASSE Congestion Pricing Symposium, June 23-24, 1993.
Monograph Title: CURBING GRIDLOCK: PEAK-PERIOD FEES TO RELIEVE TRAFFIC CONGESTION. VOLUME 2: COMMISSIONED PAPERS Monograph Accession #: 00648239
Language: English
Corporate Authors: Transportation Research Board 500 Fifth Street, NW Authors: Gillen, DavidPagination: pp 115-151
Publication Date: 1994
ISBN: 0309055059
Media Type: Print
Features: References; Tables
(10)
TRT Terms: Subject Areas: Aviation; Economics; Highways; Public Transportation; Society; Terminals and Facilities; I10: Economics and Administration
Files: TRIS, TRB, ATRI
Created Date: Jun 23 1994 12:00AM
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