This paper contains a survey of empirical estimates of optimal congestion tolls under various degrees of congestion. A short discussion of the way tolls reduce travel time for toll road users is included. The models employed represent two genera, one of which represents assumptions and efforts of a group of British authors. The other genus is a similarly related set of papers by American authors. All the papers consider only time and money price variation from the standpoint of facility users; general equilibrium effects on the land and other markets were not treated. This paper compares and summarizes both genera of optimal toll estimates under various congestion (speed) levels. /GMRL/

  • Corporate Authors:

    Urban Institute

    2100 M Street, NW
    Washington, DC  United States  20037
  • Authors:
    • McGillivray, R G
  • Publication Date: 1974-7

Media Info

  • Pagination: 19 p.

Subject/Index Terms

Filing Info

  • Accession Number: 00148729
  • Record Type: Publication
  • Report/Paper Numbers: Paper No. 1212-8-2
  • Files: TRIS
  • Created Date: Apr 27 1977 12:00AM