Logistics and transportation review · 1992 · 21 citations · 0 references
Public AffairsEconomicsPublic PolicyTransportTransportationTransportation PolicyCongestion ManagementDemand ManagementRoad PricingTransport EconomicsTransportation EconomicsArea LicensingCongestion PricingCongestion Pricing ModelsDemand-responsive PricingDemand-side Congestion MitigationRoad Pricing EvaluationTransportation Pricing Policy
This is a study of the road congestion problem in Singapore and the various experimental measures that have been implemented using the pricing mechanism and quota system. These include the Area Licensing Scheme, the proposed Electronic Road Pricing Systme, Weekend Car Concept, general pricing restraints, and quotas on new car purchases. It concludes with a discussion on the impact on welfare, makes several policy recommendations, and outlines lessons for other countries contemplating similar measures.