Peak Load Road Pricing: Potential Impacts on Los Angeles
Qisheng Pan (),
Harry W. Richardson (),
JiYoung Park (),
Peter Gordon () and
James E. Moore ()
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Qisheng Pan: Texas Southern University
Harry W. Richardson: Universidad Autónoma del Estado de Mexico
JiYoung Park: Sungkyunkwan University
Peter Gordon: University of Southern California
James E. Moore: University of Southern California
Chapter Chapter 12 in Regional Economic Impacts of Terrorist Attacks, Natural Disasters and Metropolitan Policies, 2015, pp 195-204 from Springer
Abstract:
Abstract Peak-load pricing has long been seen as a way to internalize externalities and as a set of incentives to shift some peak-hour trips to off-peak periods. The policy has also been viewed as a mechanism to generate revenue. However, it is an open question how travelers trade off time for money and respond to peak and off-peak pricing differentials. This generates some timely and related questions, including: (1) How can we model the activity location and traffic implications for multiple time-of-day periods in a major metropolitan area?; and (2) What are the network level-of-service and urban development effects of implementing peak-load pricing on selected routes?
Keywords: Route Choice; Orange County; Road Price; Congestion Price; Toll Road (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:spr:adspcp:978-3-319-14322-4_12
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DOI: 10.1007/978-3-319-14322-4_12
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