This paper investigates the level of mobility that is socially optimal, that is, the amount and mix of transport activity that consumers would choose in an efficient market that reflects the principles of efficient pricing, consumer options and optimal planning. It discusses market principles,...

India is experiencing rapid urbanization with major migrations from rural areas into cities. It is also experiencing rapid motorization as more households can afford to own and use private automobiles, transportation infrastructure changes to accommodate this traffic, and other travel modes –...