HIGH OCCUPANCY/TOLL LANES: PHASING IN CONGESTION PRICING A LANE AT A TIME
Gordon J. Fielding, Daniel B. Klein
Abstract
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Gordon J. Fielding, Daniel B. Klein
Abstract
Open-access reader
A consensus is emerging among transportation economists that the best way to deal with freeway congestion is to charge for driving during peak hours. The main barrier to implementation is political: drastic change is politically unpopular. This paper proposes a way of overcoming the political obstacles by phasing in congestion pricing over a period of many years.
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A consensus is emerging among transportation economists that the best way to deal with freeway congestion is to charge for driving during peak hours. The main barrier to implementation is political: drastic change is politically unpopular. This paper proposes a way of overcoming the political obstacles by phasing in congestion pricing over a period of many years.
Key concepts: Toll, Congestion pricing, Road pricing, Singapore Area Licensing Scheme, Politics, Occupancy, Traffic congestion, Business