this is a really broad term that's used to refer to different things
car / bike share fees
road / bridge tolls
ride-hailing / taxi fares
these terms refer to all the ways a user would pay to get around
Charging vehicles a fee for using the road network
This important concept...
...goes by many names that are often used interchangeably
no matter what we call it, this concept is based on the User-Pays Principle.
This is a principle within Mobility Pricing that relates to how we pay/price. A user pays for how much they use the mobility network.
This can be applied through a blunt mechanism (e.g. 3 zone transit fares, annual insurance costs, fuel costs), or in ways where the price is more reflective of the use (e.g. distance-based insurance and transit fares, road usage charges).
Why do we price mobility?
- Pay for Operations + Maintenance
- Raise revenue
- Generate Profit (private sector)
- Manage the mobility system