Drivers' Willingness-to-Pay to Reduce Travel Time: Evidence from the San Diego I-15 Congestion Pricing Project

David Brownstone, Arindam Ghosh, Thomas F Golob, Camilla Kazimi and Dirk Van Amelsfort

University of California Transportation Center, Working Papers from University of California Transportation Center

Abstract: The adoption of congestion pricing depends fundamentally upon drivers' willingness to pay to reduce travel time during the congested morning peak period. Using revealed preference data from a congestion pricing demonstration project in San Diego, we estimate that willingness to pay to reduce congested travel time is higher than previous stated preference results. Our estimate of median willingness to pay to reduce commute time is roughly $30 per hour, although this may be biased upward by drivers' perception that the toll facility provides safer driving conditions. Drivers also use the posted toll as an indicator of abnormal congestion and increase their usage of the toll facility when tolls are higher than normal.

Keywords: Social; and; Behavioral; Sciences (search for similar items in EconPapers)
Date: 2002-05-01
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

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Related works:
Journal Article: Drivers' willingness-to-pay to reduce travel time: evidence from the San Diego I-15 congestion pricing project (2003)
Working Paper: Drivers' Willingness-to-Pay to Reduce Travel Time: Evidence from the San Diego I-15 Congestion Pricing Project (2002)
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