The theoretical evolution of academic beliefs and practical policymakers? perceptions of road pricing (from now on rp) as an instrument of efficient and equitable allocation of resources are described and analyzed. The aim of the paper is to reconstruct the logical evolution of the theory behind...

We construct a political economy model to analyze the political acceptability of road pricing policies. We use a citizen-candidate framework with a population composed by three groups differing for their income level. We show that road pricing policies are never applied when there is no...

This paper investigates the issue of political feasibility of a road pricing policies (RPP). Referring to a literature developed in international trade theory (Fernandez, Rodrick, [1]), this paper presents a model regarding the role and relevance of individual specific uncertainty in explaining...