Induced Demand's Effect on Freeway Expansion

This brief begins by providing a history of induced demand. Then, it examines different scenarios to see when induced demand is an issue and when it is not and how that affects the benefits of a capacity expansion. Next, this brief explores how current and future travel patterns are likely to lessen...

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Bibliographic Details
Published in:Policy File 2022
Main Author: Polzin, Steven E
Format: Report
Language:English
Subjects:
Reason Foundation
Transportation
Online Access:Request full text
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Summary:This brief begins by providing a history of induced demand. Then, it examines different scenarios to see when induced demand is an issue and when it is not and how that affects the benefits of a capacity expansion. Next, this brief explores how current and future travel patterns are likely to lessen induced demand. After that, it highlights the advantages of induced demand and compares how society views induced demand of highways compared with induced demand in other areas. Finally, this brief provides some policy suggestions on how to reduce induced demand.