Road Pricing, Traffic Congestion and the Environment: Issues of Efficiency and Social Feasibility

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Editorial Reviews

Examines the regulation of road traffic congestion in theory and practice, within the context of social and political feasibility. Looks at Pigouvian taxes, the most popular policy prescription among economists, and considers a variety of other policies which may be more politically and socially acceptable. Other subjects discussed include congestion and urban development, congestion pricing and road infrastructure investment, and road pricing and urban sustainability. Annotation c. by Book News, Inc., Portland, Or.
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Product Details

  • ISBN-13: 9781858983653
  • Publisher: Elgar, Edward Publishing, Inc.
  • Publication date: 1/1/1998
  • Pages: 336
  • Lexile: 1530L (what's this?)

Table of Contents

List of figures
List of tables
List of contributors
Pt. I Theory and Practice Before and After Pigou
1 Introduction 3
2 Road pricing in practice 14
3 Congestion pricing and road investment 39
4 Recent developments in the bottleneck model 79
Pt. II Efficiency Aspects and Second-Best Policies
5 Road pricing and the alternatives for controlling road traffic congestion 113
6 Variabilization of car taxes and externalities 136
7 What is the scope for environmental road pricing? 150
8 Urban transport externalities and Pigouvian taxes: a network approach 171
9 The economics of information and pricing in transport networks with stochastic congestion 190
Pt. III Political and Social Feasibility
10 Road pricing for congestion management: the transition from theory to policy 213
11 The equity impacts of road congestion pricing 247
12 Urban road pricing: public acceptability and barriers to implementation 263
13 Social feasibility of policies to reduce externalities in transport 285
Index 309
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