Welfare Estimates of Shifting Peak Travel

We personally received no funding for this paper. We would like to thank Ryan Greene-Roesel at Bay Area Rapid Transit (BART) and the BART team for partnering with us to conduct this research and taking a leading role developing the experiments reported in this paper. We also thank the Federal Highways Agency and the San Francisco County Transportation Authority (especially Joe Castiglione and Camille Guiriba), and BART for funding the program. We greatly appreciate the thoughtful comments of Leo Bursztyn, Thomas Chaney, Raj Chetty, Nathan Hendren, Jonathan Libgober, Victor Mylonas, Matthew Tarduno, Shosh Vasserman, ReedWalker, Zi Yang Kang, and seminar participants at Harvard University, University of California, Berkeley, and the University of Southern California. We also thank those at Metropia who helped to implement the field experiment, especially Yi-Chang Chiu and Ali Arian. The usual caveat applies. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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