Pricing congested roads generally produces efficiency gains. Unless toll revenue is carefully
distributed, however, road pricing would also make most drivers worse off, particularly those …

This report offers an economic analysis of the impact of road pricing. Optimal pricing of
congested roads would produce substantial revenues and efficiency gains. However, the …

Traffic congestion is a bane of modern city life. Transportation economists have long
supported road pricing as a tool for controlling congestion and the idea is slowly coming into …

Traffic congestion pricing is studied using a general-equilibrium framework that incorporates
public goods expenditures, an income tax, a government budget constraint, and preferences …

Congestion pricing can be an efficient tool for alleviating traffic congestion because it
employs the price mechanism, with its advantages of clarity, universality, and efficiency, in …

This paper reviews literature on the optimal design of pricing policies to reduce urban
automobile congestion. The implications of a range of complicating factors are considered; …

Economics of Urban Highway Congestion and Pricing offers the most extensive examination
to date of the relationship between congestion tolls and highway capacity in the long run …

The benefits of congestion pricing are examined with a spatially detailed computable
general equilibrium model of the Greater LA region. The model treats choices of roads on a …

This essential two-volume collection contains the most influential articles written over the
past eight decades that contribute to an understanding of the economics of traffic …

Abstract will manually Highway congestion increases the cost of travel in most urban areas
of the United States. Policy makers have tried to reduce congestion by building more …