Willingness to Pay for Time Savings: The Trondheim Toll Road Experiences
Transportation research, economics and policyPublished 1 January 1995
T Tretvik
Citations7
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Abstract
The adoption of road user tolls to help finance interconnected or single sections of high quality road infrastructure is common in many countries. The basic motivation is that government investment budgets are too tight, and that users have a willingness to pay for time savings and better driving conditions. When there are alternative routes, the toll rates have to be set correctly, however, for projects of this kind to be a success.
Keywords
Economics, Econometrics and FinanceBusiness, Management and Accounting
Journal of the Operational Research SocietyDiscrete Choice Analysis: Theory and Application to Travel Demand.
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