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The acceptability of road pricing has attracted considerable attention among researchers over the last decade, as is evident in the amount of literature about transport and environmental economics. The general conclusion from these studies has been that there is low acceptability for road...
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efficiency in the transport market. In the canonical model underlying this view, congestion is a static phenomenon, users are … taken to be homogenous, there is no travel time risk, and a highly stylised model of congestion is used. The simple analysis … markets potentially affect the case for congestion charges. The canonical model tends to understate the marginal external …
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The example of Singapore shows that rapid urban and economic growth does not have to bring traffic congestion and pollution. Singapore has chosen to restrain car traffic demand due to its limited land supply. Transport policy based on balanced development of road and transit infrastructure and...
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