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A consensus is emerging among transportation economists that the best way to deal with freeway congestion is to charge for driving during peak hours. The main barrier to implementation is political: drastic change is politically unpopular. This paper proposes a way of overcoming the political...
Persistent link: https://www.econbiz.de/10010843182
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A consensus is emerging among transportation economists that the best way to deal with freeway congestion is to charge for driving during peak hours. The main barrier to implementation is political: drastic change is politically unpopular. This paper proposes a way of overcoming the political...
Persistent link: https://www.econbiz.de/10014074325
Electronic toll collection has trimmed transaction costs and moved highways out of the "public goods" box and into the "public utilities" box. Economists and policymakers should think of highways as a service to be made demand-responsive, self-financing, and privately owned. This paper proposes...
Persistent link: https://www.econbiz.de/10014074537
Barcelona commuters receive a monthly highway bill, without ever having stopped at a tollbooth. Cars on the Autostrada, which connects Milan, Florence, Rome and Naples, whiz past roadside electronic readers that automatically deduct credit from prepaid smartcards which are similar to the...
Persistent link: https://www.econbiz.de/10010676796
California has authorized four toll roads to be constructed and operated by private groups, and it is considering more. Construction on a similar 14-mile project in Virginia will begin in 1992. Florida, Texas, and Colorado are considering proposals for private toll roads, and there is talk of a...
Persistent link: https://www.econbiz.de/10010676921
The first issue of ACCESS seems to have been well received, so we're pleased to continue these summaries of our research. Paralleling the spurt of work on new transportation technology, there's been renewed attention to institutional means for improving the nation's transport system. We focus...
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