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According to the celebrated cost recovery theorem, the degree of cost recovery from optimal user charges depends on the extent of scale economies in user costs, infrastructure construction costs and operating costs. This chapter presents the theorem, and reviews various generalisations of it. It...
Persistent link: https://www.econbiz.de/10005165972
This chapter summarises the results of the case studies and assesses their main insights. It also draws on recent experience with congestion pricing in London and elsewhere to consider the prospects of successful implementation of efficient pricing and revenue-use schemes.
Persistent link: https://www.econbiz.de/10005165985
Persistent link: https://www.econbiz.de/10005172942
Cost-benefit analysis plays a central role in planning and investment decisions related to transportation. Yet, this process is often rather obscure and difficult to control and check by an outsider. We propose here a new engineering-economic-based tool, MOLINO, to perform cost benefit analysis...
Persistent link: https://www.econbiz.de/10005172965
This chapter introduces the research agenda. The problems related to the use of revenues from tolling and charging in the transport sector are organised into nine research questions. These range from the optimal level of user charges to the optimal allocation of the revenues and the appropriate...
Persistent link: https://www.econbiz.de/10005173006