Road Pricing for Congestion Management: The Transition from Theory to Policy
Traffic congestion is a classic externality, especially pervasive in urban areas. The theoretical and empirical relationships governing it have been thoroughly studied. As a result, most urban economists and a growing number of other policy analysts agree that the best policy to deal with it would be some form of congestion pricing. Such a policy involves charging a substantial fee for operating a motor vehicle at times and places where there is insufficient road capacity to easily accommodate demand. The intention is to alter peopleâ€™s travel behavior enough to reduce congestion.
|Date of creation:||01 Jan 1998|
|Date of revision:|
|Contact details of provider:|| Postal: 109 McLaughlin Hall, Mail Code 1720, Berkeley, CA 94720-1720|
Web page: http://www.escholarship.org/repec/uctc/
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- McCarthy Patrick & Tay Richard, 1993. "Economic Efficiency vs Traffic Restraint: A Note on Singapore's Area License Scheme," Journal of Urban Economics, Elsevier, vol. 34(1), pages 96-100, July.
- Small, Kenneth A., 2001.
"Using the Revenues from Congestion Pricing,"
University of California Transportation Center, Working Papers
qt7170x9b0, University of California Transportation Center.
- Small, Kenneth A., 1992. "Using the Revenues from Congestion Pricing," University of California Transportation Center, Working Papers qt32p9m3mm, University of California Transportation Center.
- Kraus, Marvin, 1989. "The welfare gains from pricing road congestion using automatic vehicle identification and on-vehicle meters," Journal of Urban Economics, Elsevier, vol. 25(3), pages 261-281, May.
- Hau, Timothy D., 1992. "Congestion charging mechanisms for roads : an evaluation of current practice," Policy Research Working Paper Series 1071, The World Bank.
- William A. V. Clark & Marianne Kuijpers-Linde, 1994. "Commuting in Restructuring Urban Regions," Urban Studies, Urban Studies Journal Limited, vol. 31(3), pages 465-483, April.
- Fielding, Gordon J. & Klein, Daniel B., 1993. "High Occupancy / Toll Lanes: Phasing in Congestion Pricing a Lane at a Time," University of California Transportation Center, Working Papers qt2fv1c5p3, University of California Transportation Center.
When requesting a correction, please mention this item's handle: RePEc:cdl:uctcwp:qt8kk909p1. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Lisa Schiff)
If references are entirely missing, you can add them using this form.