Road pricing, traffic congestion and the environment : issues of efficiency and social feasibility

Abstract

Part 1 Theory and practice before and after Pigou: road pricing in practice congestion pricing and road investment recent developments in the bottleneck model. Part 2 Efficiency aspects and second-best policies: road pricing and the alternatives for controlling road traffic congestion variabilization of car taxes and externalities what is the scope for environmental road pricing? urban transport externalities and Pigouvian taxes - a network approach the economics of information and pricing in transport networks with stochastic congestion. Part 3 Political and social feasibility: road pricing for congestion management - the transition from theory to policy the equity impacts of road congestion pricing urban road pricing - public acceptability and barriers to implementation social feasibility of policies to reduce externalities in transport.