Car sharing and congestion pricing with compensation

Nice article from the Financial Times on carsharing: You take the hire road

"Streetcar fosters this sense of community by encouraging a sense of responsibility towards other club users. You are asked not to leave the car with the petrol tank less than a quarter full; if the car gets dirty, you are invited to earn an hour’s free rental by taking it to the car wash and getting it cleaned at Streetcar’s expense; and if you return the car late, keeping a neighbour waiting, you are fined £25 – of which £20 goes to your aggrieved fellow member."

This is exactly the same logic behind the Delayer Pays Principle: Examining Congestion Pricing with Compensation (1.2 MB) (International Journal of Transport Economics 31:3 295-311) Peter Rafferty and I have posited for congestion pricing, those who cause delay pay those who they delayed.

David Levinson

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This page contains a single entry by David Levinson published on October 13, 2007 7:28 PM.

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