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Pigovian Transport Pricing in Practice

Hintermann, Beat and Schoeman, Beaumont and Molloy, Joseph and Götschi, Thomas and Castro, Alberto and Tchervenkov, Christopher and Tomic, Uros and Axhausen, Kay W.. (2021) Pigovian Transport Pricing in Practice. WWZ Working Paper, 2021 (11).

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Abstract

Pigovian transport pricing is implemented in a large-scale field experiment in urban areas of Switzerland. The pricing varies across time, space and mode of transport. One third of the participants is given a financial incentive to reduce their external costs of transport, whereas others are provided information only or served as a control group. The pricing treatment causes a significant reduction in the external costs of transport. This reduction is a consequence of mode substitution and a shift in departure times. The effect of providing information in the absence of pricing is also statistically significant, implying that information and pricing each play an important role in explaining the total effect.
Faculties and Departments:06 Faculty of Business and Economics > Departement Wirtschaftswissenschaften > Professuren Wirtschaftswissenschaften > Public Economics / Public Finance (Hintermann)
12 Special Collections > WWZ Publications > WWZ Discussion Papers and Working Papers
UniBasel Contributors:Hintermann, Beat and Schoeman, Beaumont
Item Type:Working Paper
Publisher:WWZ
Number of Pages:73
Note:Publication type according to Uni Basel Research Database: Discussion paper / Internet publication
Language:English
Identification Number:
  • handle: RePEc:bsl:wpaper:2021/11
edoc DOI:
Last Modified:17 Jun 2022 14:24
Deposited On:16 Jun 2022 16:13

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