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Road pricing for congestion and accident externalities for mixed traffic of motorcycles and automobiles
Affiliation:1. Department of Business Administration, Providence University, 200 Chung-Chi, Rd., Shalu, Taichung 433, Taiwan;2. Department of Transportation and Logistics Management, National Chiao Tung University, Taiwan, 114, 4F, Sec.1, Chung Hsiao W. Rd., Taipei 100, Taiwan;3. Department of Real Estate & Built Environment, College of Public Affairs, National Taipei University. 151, University Rd., San Shia District, New Taipei City 23741, Taiwan;4. Department of Economics and Josef Korbel School of International Studies, University of Denver, 2201 South Gaylord Street, Denver, CO 80208, USA;1. Faculty of Urban Science, Meijo University Meijo Univ. 4-3-3 Nijigaoka, Kani City, 509-0261 Japan;2. Faculty of Literature and Social Sciences, Yamagata Univ. 1-4-12 Kojirakawa-machi, Yamagata City, 990-8560 Japan;3. School of Human Science and Environment, Univ. of Hyogo 1-1-12 Shinzaike-Honcho, Himeji City, 670-009, Japan
Abstract:Motorcycles play an important role in sharing the trip demand with automobiles for commuting, especially in many cities in Asia. However, the accident cost of a trip by motorcycle is higher than that of an automobile. This study analyzes the road pricing for the congestion and accident externalities of mixed traffic of automobiles and motorcycles. A model for equilibrium trips with no taxation and that for optimal trips with taxation are explored. The model is then applied to the Tucheng City–Banciao City–Taipei central business district corridor in Taipei metropolitan area. The findings in this case study show that the tax for accident externality is larger than that for congestion externality.
Keywords:Accident cost  Motorcycle  Road pricing  Congestion  Externality
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