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Willingness to Pay for Time Savings: The Trondheim Toll Road Experiences

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Road Pricing: Theory, Empirical Assessment and Policy

Part of the book series: Transportation Research, Economics and Policy ((TRES))

Abstract

The adoption of road user tolls to help finance interconnected or single sections of high quality road infrastructure is common in many countries. The basic motivation is that government investment budgets are too tight, and that users have a willingness to pay for time savings and better driving conditions. When there are alternative routes, the toll rates have to be set correctly, however, for projects of this kind to be a success.

The writing of this chapter was financed by PROSAF, a research program of the Research Council of Norway. The 1989 and 1990 data collections were planned and executed as a joint effort between ASPLAN Trondheim and SINTEF, and financed by the Public Road Administration. The author has benefitted from the suggestions of Professor Tore Sager, Norwegian Institute of Technology and two anonymous referees

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References

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© 1995 Springer Science+Business Media New York

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Tretvik, T. (1995). Willingness to Pay for Time Savings: The Trondheim Toll Road Experiences. In: Johansson, B., Mattsson, LG. (eds) Road Pricing: Theory, Empirical Assessment and Policy. Transportation Research, Economics and Policy. Springer, Dordrecht. https://doi.org/10.1007/978-94-011-0980-2_6

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  • DOI: https://doi.org/10.1007/978-94-011-0980-2_6

  • Publisher Name: Springer, Dordrecht

  • Print ISBN: 978-94-010-4424-0

  • Online ISBN: 978-94-011-0980-2

  • eBook Packages: Springer Book Archive

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