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Only recently, the subject of road pricing to reduce traffic congestion gained increasing importance in Europe. This … paper uses a standard microeconomic approach to show that road user price charging to avoid traffic congestion is optimal …
Persistent link: https://www.econbiz.de/10005135043
Since many rural commuters depend on the private car due to lack of convenient public transport, car reduction policies designed for large cities with ample public transport may be unsuitable for smaller towns. In particular, pricing policies designed to encourage public transport use may be...
Persistent link: https://www.econbiz.de/10005118968