From the NY Times:
The new chairman of New York’s transit system is looking to introduce a pricing policy that would offer passengers discounts to ride late at night and on weekends, an abrupt break from a century-old fare model that could be the city’s biggest transportation revolution since the demise of the token.
A new computerized, scannable fare card would allow New York City Transit to charge passengers different prices depending on the time of day, a practice already in place in London, where Jay H. Walder, the chairman of the Metropolitan Transportation Authority, first worked with the concept.
“We might imagine that we offer discounts at later times, or we offer weekend discounts,” Mr. Walder said in an interview on Wednesday. “Time-of-day pricing might be very attractive.”
The goal would be to encourage use of buses and subways during traditionally quieter hours. And it would bring New York’s subway system in line with local commuter rails, which charge a range of fares.