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Welfare effects of congestion pricing in Singapore (1988)

Wilson, Paul W.

Springer

Transportation 15 (1988), S. 191-210

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ISSN: 1572-9435

Keywords: Singapore ; welfare ; congestion ; tolls ; Area License Scheme

Source: Springer Online Journal Archives 1860-2000

Topics: Architecture, Civil Engineering, Surveying

Notes: Abstract This paper examines the Singapore Area License Scheme. Changes in scheduling and choices of transportation mode by commuters are discussed. Although the toll is shown to reduce travel times for many commuters, many commuters are shown to incur scheduling costs as a result of the toll. Using estimated parameters of an indirect utility function, welfare functions are computed to compare welfare levels prior to, and just after, the toll was put into place. The evidence suggests that the toll may have reduced welfare.

Type of Medium: Electronic Resource

URL: http://dx.doi.org/10.1007/BF00837581

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