Introducing congestion pricing as a key to reducing road congestion

Date of Publication

2010

Document Type

Bachelor's Thesis

Degree Name

Bachelor of Science in Applied Economics

College

Ramon V. Del Rosario College of Business

Department/Unit

Economics

Honor/Award

Awarded as best thesis, 2010

Defense Panel Chair

Cristela Goce Dakila

Defense Panel Member

Mitzie Irene Ponce Conchada
Tereso S. Tullao, Jr.

Abstract/Summary

Congestion Pricing is believed to have an adverse effect on demand for roads, suggesting the motorist react different congestion pricing policies by decreasing their demand for road use. It is of equal importance however, to determine the Pareto improvement in determining the congestion price that could reduce the traffic congestion and enhance the social welfare of motorists. Our group developed a well-designed guide that presents the process of arriving at the congestion price that could aid future road planning. To ensure the validity and a accuracy of our guide, we tested it on a small-scale sample in the Nichols-Merville Exit are (Southbound) along South Luzon Expressway (SLEX) and West Service Road (WSR). We conclude that congestion problem and is not welfare enhancing for the road users.

Abstract Format

html

Language

English

Format

Print

Accession Number

TU14608

Shelf Location

Archives, The Learning Commons, 12F Henry Sy Sr. Hall

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