Title: The Economics in Urban Electronic Toll Collection
Abstract: Cases around the world suggest that toll charging in an urban environment might justify higher operational costs than toll collection applied to road financing. The urban charging aims at accommodating social factors like air pollution and travel time. Hence controlling the traffic congestion and traffic volume is deemed vital. This is somewhat contrasting to road financing, which aims at maximizing toll revenue collection at minimized cost. This maximized profit scheme minimizes the down payment period of the road infrastructure, which enforces road toll operators to find cost efficient models for their operations. Using road financing as benchmark, we aim at investigating how urban electronic toll collection differ or converge from road toll collection in terms of policies, operational models and total cost of ownership. The main findings in this article suggest that there are technology and system developments that can accommodate both scenarios.
Publication Year: 2009
Publication Date: 2009-01-01
Language: en
Type: article
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