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Willingness to Pay for Time Savings: The Trondheim Toll Road Experiences

Transportation research, economics and policyPublished 1 January 1995
T Tretvik
Citations7

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