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Title: INTRODUCING CONGESTION PRICING ON A NEW TOLL ROAD
Accession Number: 00627183
Record Type: Component
Availability: Find a library where document is available Abstract: A demonstration project to test the effectiveness of congestion pricing in an urban area is proposed. The general theoretical case for such pricing is reviewed, and recent international interest in congestion pricing is summarized. The need for demonstration projects is outlined, both to add to current knowledge about the effectiveness of congestion pricing and to address political and other public-acceptance barriers to implementation of the concept. A new toll road being planned for Orange County, California, is proposed as a test site for congestion pricing. It is suggested that, instead of charging flat-rate tolls, the transportation agency could charge peak and off-peak tolls, increasing the level of the peak charge each year over a period of up to 10 years, until toll revenues decline below the levels forecast under the flat-rate toll alternative. Measurements of traffic flow and ridesharing behavior would be made, as well as calculations of emission-reduction effects. Finally, a brief discussion of marketing and political considerations involved in conducting such a demonstration is provided.
Supplemental Notes: This paper appears in Transportation Research Record No. 1359, Economics, Finance, and Administration. 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
Language: English
Corporate Authors: Transportation Research Board 500 Fifth Street, NW Authors: Poole Jr, R WPagination: p. 19-25
Publication Date: 1992
Serial: ISBN: 030905222X
Features: Figures
(1)
; References
(12)
; Tables
(1)
TRT Terms: Uncontrolled Terms: Subject Areas: Finance; Highways; I10: Economics and Administration
Files: TRIS, TRB, ATRI
Created Date: Mar 31 1993 12:00AM
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