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The Federal Highway Administration has recently released "Congestion Pricing: A Primer," which serves as an excellent overview of the subject. If you are interested in value/congestion pricing, that is the best place to start.
Learn About Pricingcongestion pricing, also known as congestion pricing or peak-period pricing, is a way of harnessing the power of the market to reduce the waste associated with congestion. It entails fees or tolls for road use which vary with the level of congestion. Fees are typically assessed electronically to eliminate delays associated with manual toll collection facilities. A shift in a relatively small proportion of peak-period trips can lead to substantial reductions in overall congestion. And, while congestion charges create incentives for more efficient use of existing capacity, they also provide improved indicators of the potential need for future capacity expansion. They are also generating revenues that can be used to further enhance urban mobility. In addition to the FHWA primer, another good way to learn about pricing is through the videos we have available here. Federal Register Notices about tolling and pricing opportunities are available from the FHWA site under Program Announcements. Please direct questions or comments to lnoble@umn.edu |