Showing posts with label pricing. Show all posts
Showing posts with label pricing. Show all posts

Tuesday, December 31, 2013

William Vickerey: On Principles of Efficient Congestion Pricing

William Spenser Vickerey, winner of the Nobel Prize for Economics, is William Vickereyconsidered the father of Congestion Pricing. He first proposed it in 1952, for the New York City subway system, recommending that fares be increased in peak times and in high-traffic sections and be lowered in others. Elected officials considered it risky at the time, and the technology was not ready. Later, he made a similar proposal for road pricing.

This article was written in 1992 by Todd Litman, executive director of the Victoria Transport Policy Institute, to summarize some of the defining  principles set out in Vickerey's extensive path-breaking early extensive pathbreaking contributions which in many ways defined the field. This essay can be found in its original form in the website of the Institute  at http://www.vtpi.org/vickrey.htm.

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Monday, November 26, 2012

What is the right price for Free Public Transport?

No Dorothy, it would be nice but there is no such thing as a free lunch. Not even in Kansas. Our cities need money to operate and maintain all the many parts of their hopefully high quality "public transport" systems", but they also need schools, sanitation, health facilities, elderly care,  parks and public spaces, security . . . and the long list goes on.  Transport, which can finance itself largely if you have the brains to get it right, should not be poaching from these no-less critical basic needs of the community.  More,  we need our public transport systems (21st century definitions) to be both freely and extensively used (what is sadder than an empty bus!) -- and at the same time build in provisions so that the system is fully equitable as well as efficient.

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Friday, November 23, 2012

Learning from Lyon: Free Public Transport that really works

Here is a "free transport project" that is working remarkably well: In the Spring of 2005 the community of Greater Lyon in cooperation with their supplier JCDecaux launched the world's first mega Public Bike System, Vélo'v. The project put some 3000 bikes into service, available in about 300 stations spread for the most part over the City of Lyon. All this is successful, amply detailed in many places and continues to this day to yield yeoman service for some 60,000 registered users (including the author). To gain access to the system, in addition to one day or one week tickets, the user pays an annual fee of € 25, and when using a bike a caution is debited from the users credit card until it is returned to a parking slot. From a user perspective it is a very successful system and use experience.

* But where is the "free public transport" element?

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Friday, November 16, 2012

Brief: Los Angeles toll lanes get smooth start, despite some grumbling

Brief: L.A. County toll lanes get smooth start, despite grumbling
As officials unveiled the  first toll lanes on an 11-mile stretch of the 110 Freeway this weekend, some drivers said they had questions about how the new fare program worked. The express lanes were created using existing carpool lanes. As a result, drivers now can pay to leave mixed-flow traffic and enter the express lanes, saving what officials said could be two to three minutes a mile. The tolls vary from 25 cents to $1.40 a mile, depending on congestion and demand. Officials aim to keep travel speeds in the express lanes at least 45 miles per hour. They estimate the average toll  will be between $4 and $7 a trip, though it could be as much as $15.40.                     * Click here for full text

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Friday, November 9, 2012

Brief: Paris - Ambitious mobility plans for economy, efficiency and equity.

Paris: Ambitious mobility plans for economy, efficiency and equity.
This ambitious effort on the part of Paris's mayor and his team is well worth following, even if for some it is may be a bit inconvenient for those not able to easily read in French. The original article appears here. And here in the event is the Google translation. (You may note that this article appears in a journal loved and run by the French Right, the mayor's fierce opponents, so caveat lector.)

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Saturday, June 11, 2011

Free Parking Is for Socialists

Down with Free Auto Parking! Up with Free Market Parking!

- by Michael Andersen


THERE'S NOTHING like watching the degenerates of NW 23rd to make you wonder when liberal America's war on families is going to end.

What frightens me most about this neighborhood isn't the decadence. It's the entitlement. These people now insist that the rest of us open our wallets to extend them special benefits at public expense.

I'm speaking, of course, of free automobile parking.

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Friday, April 29, 2011

Op-Ed. On relative costs of PRT, auto and public transit

There are a number of important factors to consider when comparing PRT, public transit and automobile costs, and therefore when comparing the cost-efficiency of roadway versus transit investments.  (Commentary by Todd Litman of Victoria Transport Policy  Institute on some of the figures raised in the discussions of PRT vs. cars and public transport.)

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Wednesday, January 19, 2011

Sustainable transport in Delhi and Stockholm

This article addresses from an Indo-Swedish perspective issues of the development of transport systems, taking its examples from Delhi and Stockholm. The introduction of the first BRT or bus rapid transport corridor in Delhi and the institution of a congestion tax in Stockholm are presented and discussed in terms of modernisation and sustainable transport. The authors explore the perceptions of politicians and examine the two projects in the search for the driving forces for transport policies. Despite all the differences, some similarities in the development of their urban transport projects have been found.

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Monday, December 6, 2010

The World - the Climate – the Strategy. Come argue with me.

Part I: Ten steps to get the job done:
Let me sketch out an easy to understand (or reject) climate/transport foundation strategy that presents some stark contrasts with the ideas and approaches that are getting the bulk of attention when it comes to targeting, policy and investment in the sector -- and which in a first instance is quite likely to earn me more enemies than friends (that goes with the territory). At least until such time that these basic underlying ideas are expressed in a manner which is sufficiently clear and convincing that we can with confidence put them to work to turn the tide. So here you have my first brief statement of the issues, the basic strategic frame and the key pressure points to which I invite your critical reactions and comments. In a second piece in this series, to follow shortly, I intend to have a look at the package(s) of measures, policies, tools, modes, etc. which can be sorted out, combined and refined to do something about it. Or maybe not.

- Eric Britton, Editor

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Tuesday, November 16, 2010

1.4285714285714285714285714285714 e-10

With the world's population to pass seven billion next year– meaning that my and your fair share of the world's resources will be on the order of 1.4285714285714285714285714285714e-10 – it is time perhaps to give some consideration as to who "owns" what on this sweltering planet. The very concept of ownership digs very deep into the psyche and the way in which the owned object is used. Let's take your or my car for example. The odds are that one of us is an owner – and it is well known there is not a single country, a single city on this planet in which the owners of automobiles pay even a small fraction of their total cost to society. What does that mean in this particular case?

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Wednesday, August 4, 2010

Transport and the lock-in problem

Politicians are reluctant to confront the economic and environmental costs of transport. The task: to reduce the demand for mobility. I probably don't write about transport as much as I ought to, and that was brought home to me at an event on The Future of Transport in Leuven in Belgium, at which I was also a speaker. There's a case for regarding transport as a climate emergency, given that it accounts for about a quarter of Europe's carbon emissions, and that in the last decade (unlike pretty much every other sector) emissions from transport have continued to grow sharply. And before I continue, even if you’re a climate sceptic, this represents a significant policy issue: the transport sector (at least, the non-human powered transport sector) is 97% dependent on fossil fuels. As these become scarcer, more expensive, and more prone to interruption, we will have an incipient social and economic problem which is serious enough to prod policy makers.  … Read More

via thenextwave

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