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Peak Load Road Pricing: Potential Impacts on Los Angeles

In: Regional Economic Impacts of Terrorist Attacks, Natural Disasters and Metropolitan Policies

Author

Listed:
  • Qisheng Pan

    (Texas Southern University)

  • Harry W. Richardson

    (Universidad Autónoma del Estado de Mexico)

  • JiYoung Park

    (Sungkyunkwan University)

  • Peter Gordon

    (University of Southern California)

  • James E. Moore

    (University of Southern California)

Abstract

Peak-load pricing has long been seen as a way to internalize externalities and as a set of incentives to shift some peak-hour trips to off-peak periods. The policy has also been viewed as a mechanism to generate revenue. However, it is an open question how travelers trade off time for money and respond to peak and off-peak pricing differentials. This generates some timely and related questions, including: (1) How can we model the activity location and traffic implications for multiple time-of-day periods in a major metropolitan area?; and (2) What are the network level-of-service and urban development effects of implementing peak-load pricing on selected routes?

Suggested Citation

  • Qisheng Pan & Harry W. Richardson & JiYoung Park & Peter Gordon & James E. Moore, 2015. "Peak Load Road Pricing: Potential Impacts on Los Angeles," Advances in Spatial Science, in: Harry W. Richardson & Qisheng Pan & JiYoung Park & James E. Moore II (ed.), Regional Economic Impacts of Terrorist Attacks, Natural Disasters and Metropolitan Policies, edition 127, chapter 0, pages 195-204, Springer.
    • Handle: RePEc:spr:adspcp:978-3-319-14322-4_12
    DOI: 10.1007/978-3-319-14322-4_12
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