Article1992

Road Congestion Pricing: When Is It A Good Policy?

154 citations0/0 files storedJournal of Transport Economics and Policy

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Transportation Planning and Optimization Transport and Economic Policies Energy, Environment, and Transportation Policies

Abstract

This paper makes use of a model to investigate two objections to road congestion pricing: it may be inequitable and it generates perverse incentives for governments. The paper investigates how different congestion delay functions and different mixes of traffic affect these objections. The first is sensitive to these features; the second is more pervasive.

Citations in this library

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Cited by

2011Transaction costs and tradable mobility credits 2000Fares and tolls in a competitive system with transit and highway: the case with two groups of commuters 1997Optimal Tax and Public Investment Rules for Congestion Type of Externalities 2003Trial-and-error implementation of marginal-cost pricing on networks in the absence of demand functions 2010Congestion tolling in the bottleneck model with heterogeneous values of time 2006Do Economists Reach A Conclusion on Road Pricing? The Intellectual History of an Idea 1996The Social Feasibility of Road Pricing: A Case Study for the Randstad Area 2002The role of speed–flow relationship in congestion pricing implementation with an application to Singapore

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