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...

The basic economics of road user charging -- The saleability of road user charging : an international perspective -- A basic review of the theory of decision-making -- A national perspective of road user charging -- Congestion metering in the city of Cambridge -- A case of so near and yet so far...

In February 2003, the London Congestion Charging Scheme was introduced and in 2006 a similar policy was introduced in Stockholm. In both cases automobile traffic entering the cordon declined by about 20 percent. This book evaluates these and other similar programs exploring their implications...