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Economic theory recognises equity dimensions of social welfare as well as efficiency issues. This paper examines three measures of equity-horizontal, vertical and locational-analysing data .from the toll collections on the New Jersey... more
It is widely recognised that congestion pricing could be an effective measure to solve environmental and congestion problems in urban areas--a reform that normally also would generate a net welfare surplus. Despite this the implementation... more
This paper utilizes a unique survey data set of toll revenue collection on New York City bridges administered by the Metropolitan Transportation Authority’s Bridges and Tunnels (MTA Bridges and Tunnels). This data set, which contains... more
Congestion on roads results in infrastructural deficiencies including massive delays, greater fatalities, and enhanced mental stresses, reduced transit efficiency, and increased travel costs. Traffic is a major problem specifically in the... more
This paper examines the interrelationships between public transport and road pricing at both theoretical and empirical grounds. First, the main decision parameters of the interplay between road pricing and public transport are reviewed... more
The main goal of this research is to contribute to the better informed policy based on the concept of the sustainable urban mobility and traffic management in the city of Sofia, Bulgaria. For this purposes it explores the basics of... more
Almost all road infrastructure is treated as a public good and seen as a governmental obligation. But roads differ from other public goods such as national defense in both non-rivalry and nonexclusiveness features. Moreover, Financing... more
Obiettivo dello studio è stata l'individuazione delle problematiche connesse alla realizzazione di un sistema di Road Pricing per la Città di Milano, valutando ipotesi alternative di cordone e differenti livelli tariffari. Si sono... more
Economists wishing to analyse road congestion and road pricing have usually relied on link-based speed-flow relationships. These may provide a poor description of urban congestion, which mainly arises from delays at intersections. Using... more
In order to abate the negative consequences of traffic congestion, implementation of congestion pricing is a matter of time demand nowadays. Congestion pricing will help to encourage the use of public transportation facilities. This paper... more
As a result of increasing road congestion and road pricing, modelling the temporal response of travellers to transport policy interventions has rapidly emerged as a major issue in many practical transport planning studies. A substantial... more
This paper offers a general overview of the road pricing concept. It first examines the common objectives used in road pricing, namely (a) congestion reduction; (b) raising profits; (c) social welfare maximization; etc. Then, it explores... more
The theory of road pricing developed for single links suggests time and location varying charges equal to the marginal congestion cost at the efficient level of traffic. The second-best network counterpart is derived, but would be... more
The nation's growth and the need to meet mobility, environmental, and energy objectives place demands on public transit systems. Current systems, some of which are old and in need of upgrading, must expand service area, increase... more
TRB’s Transit Cooperative Research Program (TCRP) Report 95: Chapter 14 -- Road Value Pricing - Traveler Response to Transportation System Changes focuses on automobile-oriented pricing, including discussion of its impact on other travel... more