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 implement. Cordon tolls are feasible, and their...

This paper estimates the marginal accident externality of driving in Central London by exploiting variation in traffic flow induced by the London Congestion Charge Zone using an instrumental variable approach. The charge attributed to a 9.4% reduction in traffic flow, which resulted in a less...

This paper offers new insights into the definition, measurement and operationalisation of different dimensions of social vulnerability to road user charges, using unique data sets available in the UK. Assessing distributional effects of road pricing or congestion charging schemes requires...

This paper offers new insights into the definition, measurement and operationalisation of different dimensions of social vulnerability to road user charges, using unique data sets available in the UK. Assessing distributional effects of road pricing or congestion charging schemes requires...

The theory of road pricing developed for single links suggests time and location varying changes equal to the marginal congestion cost at the efficient level of traffic.The second-best network counterpart is derived, but would be infeasible to implement. Cordon tolls are feasible, and their...