This paper studies the political economy of cordon tolls, the most common form of road pricing in cities. We consider a … consistent with several stylized facts, including (i) the low political acceptability of cordon tolls, (ii) the observation that …

explores the fundamental theoretical basis of highway finance, in particular the use of tolls, and supports that theory with … were to become more decentralized, and collection costs continue to drop, tolls could return to prominence as the preferred …. Compensation -- 12. Deploying electronic tolls -- 13. Summary and conclusions …

This review considers the role of environmental effects in transport investment appraisal, mainly from the perspective … of cost-benefit analysis, the most widely adopted appraisal technique. Although the basic principles of CBA are …