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Book Chapter: Road Pricing 4: Case Study: The Implementation of Electronic Road Pricing in Hong Kong
Title | Road Pricing 4: Case Study: The Implementation of Electronic Road Pricing in Hong Kong |
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Authors | |
Keywords | Congestion charging marginal cost pricing Congestion pricing Electronic road pricingHong Kong Optimal capacity Optimal tolling |
Issue Date | 2021 |
Publisher | Elsevier 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? |
Abstract | Congestion 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. |
Description | Title in Volume 4: Traffic Management Transport Modeling and Data Management |
Persistent Identifier | http://hdl.handle.net/10722/306849 |
ISBN |
DC Field | Value | Language |
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dc.contributor.author | Hau, TD | - |
dc.date.accessioned | 2021-10-22T07:40:28Z | - |
dc.date.available | 2021-10-22T07:40:28Z | - |
dc.date.issued | 2021 | - |
dc.identifier.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 | - |
dc.identifier.isbn | 9780081026717 | - |
dc.identifier.uri | http://hdl.handle.net/10722/306849 | - |
dc.description | Title in Volume 4: Traffic Management Transport Modeling and Data Management | - |
dc.description.abstract | Congestion 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.language | eng | - |
dc.publisher | Elsevier Ltd. | - |
dc.relation.ispartof | International Encyclopedia of Transportation | - |
dc.subject | Congestion charging marginal cost pricing | - |
dc.subject | Congestion pricing | - |
dc.subject | Electronic road pricingHong Kong | - |
dc.subject | Optimal capacity | - |
dc.subject | Optimal tolling | - |
dc.title | Road Pricing 4: Case Study: The Implementation of Electronic Road Pricing in Hong Kong | - |
dc.type | Book_Chapter | - |
dc.identifier.email | Hau, TD: timhau@hku.hk | - |
dc.identifier.authority | Hau, TD=rp01068 | - |
dc.description.nature | link_to_subscribed_fulltext | - |
dc.identifier.doi | 10.1016/B978-0-08-102671-7.10284-2 | - |
dc.identifier.hkuros | 328811 | - |
dc.identifier.volume | 4 | - |
dc.identifier.spage | 103 | - |
dc.identifier.epage | 105 | - |
dc.publisher.place | Amsterdam | - |