Showing 1 - 6 of 6
Persistent link: https://www.econbiz.de/10005143919
In today's world of volatile fuel prices and climate concerns, there is little study on the relationship between vehicle ownership patterns and attitudes toward vehicle cost (including fuel prices and feebates) and vehicle technologies. This work provides new data on ownership decisions and...
Persistent link: https://www.econbiz.de/10009292587
Pricing of roadways opens doors for infrastructure financing, and congestion pricing seeks to address inefficiencies in roadway operations. This paper emphasizes the revenue-generation opportunities and welfare impacts of flat-tolling schemes, standard congestion pricing, and credit-based...
Persistent link: https://www.econbiz.de/10009292601
Many discrete choice contexts in transportation deal with large choice sets, including destination, route, and vehicle choices. Model estimation with large numbers of alternatives remains computationally expensive. In the context of the multinomial logit (MNL) model, limiting the number of...
Persistent link: https://www.econbiz.de/10010576635
Credit-based congestion pricing (CBCP) is a novel strategy proposed here. A revenue-neutral policy where road tolls are based on the negative externalities associated with driving under congested conditions, its generated tolls are returned to all licensed drivers in a uniform fashion, as a sort...
Persistent link: https://www.econbiz.de/10005236117
Like many U.S. states, Texas is experiencing shortfalls in transportation funding, along with growing needs for system improvements. Accordingly, the Texas Department of Transportation (TxDOT) is turning to tolling to bridge the funding gap. To assist planning efforts and effectively direct...
Persistent link: https://www.econbiz.de/10005271010