The Basic Theory of Efficiency Tolls: The Tolled, the Tolled-Off, and the Un-Tolled

THE BASIC IDEAS UNDERLYING CONCEPTS OF ECONOMIC ANALYSIS APPLIED TO THE TRAFFIC CONGESTION PROBLEM ARE EXPLAINED. TRAFFIC CONGESTION CAN, OF COURSE, BE FOUND ON ANY HIGHWAY FACILITY AND AT ANY HOUR OF THE DAY. CONGESTION IN THE DAILY MOVEMENT TO AND FROM WORK IN URBAN AREAS TAKES PLACE REGULARLY AND IS REGARDED AS IRKSOME. WITH INCREASING URBANIZATION IT BECOMES EVER MORE DIFFICULT AND COSTLY TO DO SOMETHING ABOUT IT BY ENGINEERING WORKS. THE APPLICATION OF ECONOMIC ANALYSIS TO THE CONGESTION PROBLEM FOLLOWED BY THE USE OF SOPHISTICATED PRICING TECHNIQUES COULD CONTRIBUTE TO THE SOLUTION OF THE CONGESTION PROBLEM, INCREASE HIGHWAY EFFICIENCY AND PROMOTE THE PUBLIC WELFARE.

Media Info

  • Media Type: Print
  • Features: Figures; References;
  • Pagination: pp 46-65
  • Monograph Title: Traffic congestion as a factor in road-user taxation
  • Serial:

Subject/Index Terms

Filing Info

  • Accession Number: 00200907
  • Record Type: Publication
  • Files: TRIS, TRB
  • Created Date: Sep 29 1994 12:00AM