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Road Pricing in Practice and Theory

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  • Mcdonald John F.

    (College of Business Administration, University of Illinois at Chicago)

Abstract

This introductory article to the special issue discusses briefly both the practice and theory of road pricing. Actual methods of charging for road use are discussed, and the current trend towards greater use of time-of-day congestion tolls is noted. The basic model of traffic congestion and road pricing is presented next, and this is followed by a summary of the extensions to the basic model represented in this issue of the Review of Network Economics. Researchers are now developing models that come very close to presenting realistic congestion toll systems that are reasonably efficient.

Suggested Citation

  • Mcdonald John F., 2004. "Road Pricing in Practice and Theory," Review of Network Economics, De Gruyter, vol. 3(4), pages 1-9, December.
    • Handle: RePEc:bpj:rneart:v:3:y:2004:i:4:n:1
    DOI: 10.2202/1446-9022.1056
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    Cited by:

    1. Khalilikhah, Majid & Habibian, Meeghat & Heaslip, Kevin, 2016. "Acceptability of increasing petrol price as a TDM pricing policy: A case study in Tehran," Transport Policy, Elsevier, vol. 45(C), pages 136-144.
    2. Agrawal, David R. & Zhao, Weihua, 2023. "Taxing Uber," Journal of Public Economics, Elsevier, vol. 221(C).
    3. Shatanawi, Mohamad & Alatawneh, Anas & Mészáros, Ferenc, 2022. "Implications of static and dynamic road pricing strategies in the era of autonomous and shared autonomous vehicles using simulation-based dynamic traffic assignment: The case of Budapest," Research in Transportation Economics, Elsevier, vol. 95(C).

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