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Road Pricing : Theory and Evidence - Georgina Santos

Road Pricing

Theory and Evidence

Paperback Published: 1st November 2004
ISBN: 9780762309689
Number Of Pages: 324

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Traffic congestion affects towns and cities everywhere and in some places it is regarded as one of the most urgent and important problems in need of a solution. Road pricing is undoubtedly recognised as an effective traffic demand management tool. The recent London congestion charging scheme seems to be showing that public and political opposition is not insurmountable. Thus, the ghost that prevented the introduction of a policy supported by transport economists for over 80 years seems to have disappeared or at least, weakened.
The book contains twelve papers useful to different types of audience, such as researchers and postgraduate students, civil servants, policy makers and consultants. The first part is mainly theoretical and concentrates on second-best congestion pricing including pricing in urban contexts, the impact on the performance of the road network, optimal locations and charge levels, dynamic aspects such as time variation of tolls, potential impacts of road pricing on costs and service quality of public transport buses, and efficiency costs and transport sector effects of different types of pricing when they guarantee a balanced budget per mode.
The second part contains chapters that describe the schemes in place around the world such as Singapore, Norway, London, and the US. The volume is an update of the state of the art on the subject and the first one to have been written and appear after the London scheme was implemented and to contain an assessment of its preliminary impacts.

The Rationale for Road Pricing: Standard Theory and Latest Advances
Second-Best Marginal Cost Pricing for Imperfect Substitutes in Urban Networks
The Impact on Network Performance of Drivers Response to Alternative Road Pricing Schemes
Optimal Locations and Charges for Cordon Schemes
Time-Varying Road Pricing and Choice of Toll Locations
Road Pricing and Public Transport
Marginal Social Cost Pricing for all Transport Modes and the Effects of Modal Budget Constraints
Transport Policies in Singapore
Norwegian Urban Tolls
Road Pricing in the UK
The US Experience: Pilot Projects
Welfare and Distributional Effects of Road Pricing Schemes for Metropolitan Washington DC
Table of Contents provided by Publisher. All Rights Reserved.

ISBN: 9780762309689
ISBN-10: 0762309687
Series: Research in Transportation Economics
Audience: Professional
Format: Paperback
Language: English
Number Of Pages: 324
Published: 1st November 2004
Publisher: Elsevier Science & Technology
Country of Publication: GB
Dimensions (cm): 22.5 x 14.9  x 3.0
Weight (kg): 0.61