taw comments on Less wrong economic policy - Less Wrong

6 Post author: gworley 09 June 2009 08:11PM

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Comment author: taw 04 July 2009 11:40:19PM 1 point [-]

Would congestion pricing significantly reduce amount of traffic? I quite doubt it. People are willing to stay extremely long in the traffic, a few extra dollars of congestion charge on top of that won't make much of a difference, and cost of operating the scheme would be enormous.

Unless the congestion charge is really extremely high, like $100 a day, that would probably work well enough to reduce traffic, but it's unlikely they'll ever do that.