Congestion tolls and parking fees: A comparison of the potential effect on travel behavior
This paper presents a comparison of attitudes towards congestion and parking tolls and explores their effect on travel behavior. The findings indicate that drivers are sensitive mainly to congestion tolls and are willing to change their travel habits to avoid these tolls. The major effect of a congestion toll is the shifting of the time of the journey. High levels of demand elasticity (-1.8 for congestion tolls and -1.2 for parking fees) were found. The readiness to pay parking fees is greater; thus, the effectiveness of congestion tolls in reducing demand is higher during the times the tolls apply.
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Volume (Year): 13 (2006)
Issue (Month): 6 (November)
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References listed on IDEAS
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