The Road to More Intelligent Telephone Pricing

Cross-Subsidies in Telecommunications: Roadblocks on the Road to More Intelligent Telephone Pricing

Prospect of Electronic Road Pricing in Hong kong

To cope with the urban congestion problem resulted from rapid urbanization some cities are successfully using Electronic Road Pricing policy as a demand management measure. In 1982, Hong Kong Governmenttook initiative to experiment electronic road pricing in Hong Kong. Though, the project outcome reveals that Electronic Road Pricing could bring tremendous economic, social and environmental bene...

1 Voluntary road pricing

In voluntary programs that encourage socially responsible (“safe”, “green”, or whatever) driving, it is possible to implement pricing schemes that more closely reflect the variation of the social marginal cost of driving than can be made with regular (more uniform) taxes and charges. This paper discusses motives for such programs and presents three examples: pay-as-you-drive car insurance, “eco...

Congestion Pricing: A Parking Queue Model

Drivers in urban neighborhoods who patrol streets, seeking inexpensive on-street parking create a significant fraction of measured traffic congestion. The pool of drivers patrolling at any time can be modeled as a queue, where ‘queue service’ is the act of parking in a recently vacated parking space and queue discipline is SIRO – Service In Random Order. We develop a queueing model of such driv...

A Political Economy Model of Road Pricing: Why Road Pricing is Not Implemented

In this paper, we take a political economy approach to study the introduction of road tolls, using a simple majority voting model. Charging users for external congestion costs may seem an obvious reform to an economist, but successful introduction of road pricing is quite uncommon. Moreover, in cases were congestion pricing has been implemented (e.g., London and Stockholm), its introduction was...