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will have - will typically not lead to welfare maximizing tolls and capacities. An important question is whether these …
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setting where commuters have to pay road tolls set by the city government. The main issue is not which exact type of game is …
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Political acceptability is the primary obstacle to implementation of road pricing in many cities. This paper studies the political economy of urban road pricing in its most common incarnation: cordon tolling. We relate voters' preferences for the road toll to its impact on the city's land...
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