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

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

Language

English

Share

COinS
 
 

To view the content in your browser, please download Adobe Reader or, alternately,
you may Download the file to your hard drive.

NOTE: The latest versions of Adobe Reader do not support viewing PDF files within Firefox on Mac OS and if you are using a modern (Intel) Mac, there is no official plugin for viewing PDF files within the browser window.