The development of behaviourally richer representations of the role of well-established and increasingly important influences on modal choice, such as trip time reliability and accounting for risk attitude and process rules, has moved forward at a fast pace in the context of automobile travel....

In this paper, we examine the main concepts of transport pricing in an urban environment, focusing on the automobile, public transport and walking or cycling as travel alternatives. A review of the literature on the first-best and second-best pricing policies is provided, with an emphasis on...