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A Route Choice Experiment With an Efficient Toll

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Author Info
John Hartman (University of California Santa Barbara)
Abstract

Traffic congestion is a substantial time cost for many urban commuters. This paper studies the response of subjects in an experimental setting in which subjects choose between a short direct route that becomes increasingly congested as more people travel on it and a more indirect route that does not become congested. More specifically, I investigate how subjects respond to the use of a toll that theory predicts will minimize travel time costs. The experimental results reported in this paper show that this toll comes very close to achieving efficient use of the travel network.

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Paper provided by Department of Economics, UC Santa Barbara in its series University of California at Santa Barbara, Economics Working Paper Series with number 14-07.

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Date of creation: 01 May 2007
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Handle: RePEc:cdl:ucsbec:14-07

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Keywords: congestion Pigou-Knight-Downs paradox experiment toll

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This paper has been announced in the following NEP Reports: References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Selten, R. & Chmura, T. & Pitz, T. & Kube, S. & Schreckenberg, M., 2007. "Commuters route choice behaviour," Games and Economic Behavior, Elsevier, vol. 58(2), pages 394-406, February. [Downloadable!] (restricted)
  2. Thorsten Chmura & Thomas Pitz, 2004. "Minority Game - Experiments and Simulations of Traffic Scenarios," Bonn Econ Discussion Papers bgse23_2004, University of Bonn, Germany. [Downloadable!]
  3. Sandholm, William H, 2002. "Evolutionary Implementation and Congestion Pricing," Review of Economic Studies, Blackwell Publishing, vol. 69(3), pages 667-89, July.
  4. Groves, Theodore, 1973. "Incentives in Teams," Econometrica, Econometric Society, vol. 41(4), pages 617-31, July. [Downloadable!] (restricted)
  5. Thorsten Chmura & Thomas Pitz, 2004. "An Extended Reinforcement Algorithm for Estimation of Human Behaviour in Congestion Games," Bonn Econ Discussion Papers bgse24_2004, University of Bonn, Germany. [Downloadable!]
  6. Rapoport, Amnon & Stein, William E. & Parco, James E. & Seale, Darryl A., 2004. "Equilibrium play in single-server queues with endogenously determined arrival times," Journal of Economic Behavior & Organization, Elsevier, vol. 55(1), pages 67-91, September. [Downloadable!] (restricted)
  7. Urs Fischbacher, 2007. "z-Tree: Zurich toolbox for ready-made economic experiments," Experimental Economics, Springer, vol. 10(2), pages 171-178, June. [Downloadable!] (restricted)
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Cited by:
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  1. Ted Bergstrom, 2007. "Teaching Economics Interactively: A Cannibal's Dinner Party," University of California at Santa Barbara, Economics Working Paper Series 2007c, Department of Economics, UC Santa Barbara. [Downloadable!]
  2. John Hartman, 2007. "The Relevance of Heterogeneity in a Congested Route Network with Tolls: An Analysis of Two Experiments Using Actual Waiting Times and Monetized Time Costs," University of California at Santa Barbara, Economics Working Paper Series 15-07, Department of Economics, UC Santa Barbara. [Downloadable!]
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