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Static vs. demand sensitive models and the estimation of efficient cordon tolls : an exercise for eight English towns

Abstract:

The static economic model of traffic congestion suggests that external costs can be internalized, with link-specific congestion charges equal to the externality at the efficient level of traffic. Such a scheme remains theoretical. Feasible cordon-toll schemes were considered for eight English towns and optimal tolls were estimated. These are lower than theoretical computations suggest, as only central-area traffic is tolled, shifting traffic from congested to uncongested areas. Cordon tolls s...

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Publication status:
Published
Peer review status:
Peer reviewed

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Publisher copy:
10.3141/1747-06

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Institution:
University of Oxford
Department:
Social Sciences Division - Centre for the Environment - Transport Studies Unit
Role:
Author
Publisher:
Transportation Research Board of the National Academies Publisher's website
Journal:
Transportation Research Record Journal website
Volume:
1747
Pages:
44-50
Publication date:
2001-01-01
DOI:
ISSN:
0361-1981
URN:
uuid:24d171b1-13c1-4102-bf71-3b0ef2e8922d
Local pid:
tsu:10354

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