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Congestion tolls and parking fees: A comparison of the potential effect on travel behavior
Authors:Gila Albert  David Mahalel  
Institution:aFaculty of Industrial Engineering and Management, Economics & Finance Group, Technion—Israel Institute of Technology, Technion City, Haifa 32000, Israel;bDepartment of Civil and Environmental Engineering, Technion—Israel Institute of Technology, Technion City, Haifa 32000, Israel
Abstract:This paper presents a comparison of attitudes towards congestion and parking tolls and explores their effect on travel behavior. The findings indicate that drivers are sensitive mainly to congestion tolls and are willing to change their travel habits to avoid these tolls. The major effect of a congestion toll is the shifting of the time of the journey. High levels of demand elasticity (−1.8 for congestion tolls and −1.2 for parking fees) were found. The readiness to pay parking fees is greater; thus, the effectiveness of congestion tolls in reducing demand is higher during the times the tolls apply.
Keywords:Congestion tolls  Parking fees  Stated preference  Travel behavior
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