Document Type
Research Report
Publication Date
2010
Keywords
Transportation
Abstract
As discussed in detail in Roelofs and Springer (2007), “congestion pricing” involves charging users a variable price for the use of transportation facilities: increased congestion leads to a higher price, while the price of the facilities declines when overall usage decreases. In the broadest sense, the rationale behind such an approach is to best allocate the scarce resource of transportation capacity. Congestion pricing therefore treats transportation capacity as simply another type of “good” to be purchased by the individual. As with oranges or lumber, an increase in demand or a decrease in supply results in rising prices, while a decrease in demand or increase in supply yields lower prices. With many congestion pricing applications, the supply of transportation capacity is fixed, so prices change primarily in response to changing demand. For example, the toll on a roadway that utilized congestion pricing would be greatest during morning and evening rush hours and much lower at 2:00 AM.
Volume
11
Issue
October
Recommended Citation
Springer, Mark (Mark Christopher), "An Update on Congestion Pricing Options for Southbound Freight at the Pacific Highway Crossing" (2010). Border Policy Research Institute Publications. 78.
https://cedar.wwu.edu/bpri_publications/78
Subjects - Topical (LCSH)
Congestion pricing--Washington (State)--Blaine; Trucking--Washington (State)--Blaine; Border crossing--Washington (State)--Blaine
Geographic Coverage
Blaine (Wash.)
Genre/Form
technical reports
Type
Text
Language
English
Format
application/pdf
Included in
Economics Commons, Geography Commons, International and Area Studies Commons, International Relations Commons