Policymakers could implement available, well-tested technologies to improve the efficiency of highway pricing, investment, and operations, which would improve travel speeds, reliability, and safety and reduce highway expenditures. Unfortunately, political and bureaucratic impediments to...

In this article we develop a dynamic model of household vehicle ownership and utilization behavior by using data that were generated before, during, and after the 1979 energy crisis. The principal empirical findings are that households have maintained a distinct preference for American over...