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Drivers' willingness-to-pay to reduce travel time: evidence from the San Diego I-15 congestion pricing project

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  • Brownstone, David
  • Ghosh, Arindam
  • Golob, Thomas F.
  • Kazimi, Camilla
  • Van Amelsfort, Dirk

Abstract

The adoption of congestion pricing depends fundamentally upon drivers' willingness to pay to reduce travel time during the congested morning peak period. Using reveled preference data from congestion pricing demonstration project San Diego, we estimate that willingness to pay to reduce congested travel time is higher than previous stated preference results. Our estimate of median willingness to pay to reduce commute time is rouhgly $30 per hour, although this may be biased upward by drivers' perception that the toll facility provides safer driving conditions. Drivers aslo use the posted toll as an indicator of abnormal congestion and increase thier usage of the toll facility when tolls are higher than normal.
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Suggested Citation

  • Brownstone, David & Ghosh, Arindam & Golob, Thomas F. & Kazimi, Camilla & Van Amelsfort, Dirk, 2003. "Drivers' willingness-to-pay to reduce travel time: evidence from the San Diego I-15 congestion pricing project," Transportation Research Part A: Policy and Practice, Elsevier, vol. 37(4), pages 373-387, May.
  • Handle: RePEc:eee:transa:v:37:y:2003:i:4:p:373-387
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    1. Lam, Terence C. & Small, Kenneth A., 2003. "The Value of Time and Reliability: Measurement from a Value Pricing Experiment," University of California Transportation Center, Working Papers qt47s4z7z5, University of California Transportation Center.
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    5. Golob, Thomas F., 2001. "Joint models of attitudes and behavior in evaluation of the San Diego I-15 congestion pricing project," Transportation Research Part A: Policy and Practice, Elsevier, vol. 35(6), pages 495-514, July.
    6. Manski, Charles F & Lerman, Steven R, 1977. "The Estimation of Choice Probabilities from Choice Based Samples," Econometrica, Econometric Society, vol. 45(8), pages 1977-1988, November.
    7. Small, Kenneth A., 2001. "The Value of Pricing," University of California Transportation Center, Working Papers qt0rm449sx, University of California Transportation Center.
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