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Book Chapter: Road Pricing 4: Case Study: The Implementation of Electronic Road Pricing in Hong Kong

TitleRoad Pricing 4: Case Study: The Implementation of Electronic Road Pricing in Hong Kong
Authors
KeywordsCongestion charging marginal cost pricing
Congestion pricing
Electronic road pricingHong Kong
Optimal capacity
Optimal tolling
Issue Date2021
PublisherElsevier Ltd.
Citation
Road Pricing 4: Case Study: The Implementation of Electronic Road Pricing in Hong Kong. In Roger Vickerman (Editor-in-Chief), International Encyclopedia of Transportation, v. 4, p. 103-105. Amsterdam: Elsevier Ltd., 2021 How to Cite?
AbstractCongestion pricing, popularly known as road pricing, aims to reduce excessive traffic during rush hours to the Central Business District (CBD). Since the social cost of a trip typically diverges from its private cost, a congestion charge is imposed by an economic efficiency-enhancing authority to internalize the external effect brought about by a motorist. By doing so, total travel times by motor cars and buses to and from the CBD, together with their vehicle operating costs, are saved. In a wider context, road pricing is the application of market-oriented principles to curtail excessive automobile traffic and to encourage the use of public transportation. Using the framework of the previous three articles, this article provides a case study of the application of electronic road pricing in one city, Hong Kong.
DescriptionTitle in Volume 4: Traffic Management Transport Modeling and Data Management
Persistent Identifierhttp://hdl.handle.net/10722/306849
ISBN

 

DC FieldValueLanguage
dc.contributor.authorHau, TD-
dc.date.accessioned2021-10-22T07:40:28Z-
dc.date.available2021-10-22T07:40:28Z-
dc.date.issued2021-
dc.identifier.citationRoad Pricing 4: Case Study: The Implementation of Electronic Road Pricing in Hong Kong. In Roger Vickerman (Editor-in-Chief), International Encyclopedia of Transportation, v. 4, p. 103-105. Amsterdam: Elsevier Ltd., 2021-
dc.identifier.isbn9780081026717-
dc.identifier.urihttp://hdl.handle.net/10722/306849-
dc.descriptionTitle in Volume 4: Traffic Management Transport Modeling and Data Management-
dc.description.abstractCongestion pricing, popularly known as road pricing, aims to reduce excessive traffic during rush hours to the Central Business District (CBD). Since the social cost of a trip typically diverges from its private cost, a congestion charge is imposed by an economic efficiency-enhancing authority to internalize the external effect brought about by a motorist. By doing so, total travel times by motor cars and buses to and from the CBD, together with their vehicle operating costs, are saved. In a wider context, road pricing is the application of market-oriented principles to curtail excessive automobile traffic and to encourage the use of public transportation. Using the framework of the previous three articles, this article provides a case study of the application of electronic road pricing in one city, Hong Kong.-
dc.languageeng-
dc.publisherElsevier Ltd.-
dc.relation.ispartofInternational Encyclopedia of Transportation-
dc.subjectCongestion charging marginal cost pricing-
dc.subjectCongestion pricing-
dc.subjectElectronic road pricingHong Kong-
dc.subjectOptimal capacity-
dc.subjectOptimal tolling-
dc.titleRoad Pricing 4: Case Study: The Implementation of Electronic Road Pricing in Hong Kong-
dc.typeBook_Chapter-
dc.identifier.emailHau, TD: timhau@hku.hk-
dc.identifier.authorityHau, TD=rp01068-
dc.description.naturelink_to_subscribed_fulltext-
dc.identifier.doi10.1016/B978-0-08-102671-7.10284-2-
dc.identifier.hkuros328811-
dc.identifier.volume4-
dc.identifier.spage103-
dc.identifier.epage105-
dc.publisher.placeAmsterdam-

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