Santos, Georgina; Newbery, David M. G. - 2001
The theory of road pricing developed for single links suggests time andlocation varying charges equal to the marginal … congestion cost at the efficientlevel of traffic. The second-best network counterpart is derived, but would beinfeasible to … of cordon tolls aremeasured and shown to correlate with optimal congestion tolls, but to bemodest in size and not to …