The problem addressed in this research is to determine usage prices for a system with multiple modes of transportation with the objective of reducing congestion. With multiple modes, these prices can take on several forms. On road networks, the usage prices refer to the tolls collected from motorists for access to certain streets and highways. On a transit system, the usage prices are the fares the riders have to pay to travel on, for example, buses and subways. The basic concept in this proposal is to employ the market force to allocate limited road and transit capacities among travelers by their need to travel and their willingness to pay. The idea involves charging congested routes higher prices. When willing to pay higher prices, travelers can travel with reduced congestion during peak periods, using the modes, and along the routes of their choosing.
Pricing Approach for Mitigating Congestion in Multimodal Transportation Systems. Final Report to the Center for Multimodal Solutions for Congestion Mitigation (CMS)
2010
16 pages
Report
No indication
English