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Pages 9-10

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From page 9...
... Although they are often used interchangeably, the phrases "road pricing," "congestion pricing," "value pricing," and "variable pricing" can have different meanings to different users. This document typically uses the phrase "road pricing." Under a road pricing strategy, road users are charged a fee that reflects the cost of their use of the road more fully than do existing fees and taxes, and thus pricing can serve as a public policy tool to help manage demand for a limited resource -- road space.
From page 10...
... If implemented, FAIR lanes would divide currently free, general-purpose traffic lanes into two sections: fast lanes and regular lanes. Under FAIR lanes, drivers using the regular lanes during peak hours would be compensated with credits that could be used as toll payments on days when they chose to use express lanes.


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