A survey of road pricing |
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| Institution: | 2. Distinguished Professor of Beijing University of Technology, Shandong Jiaotong University and Chan''an University, China;3. PATH Program, The University of California at Berkeley, Richmond Field Station, Bldg. 177, MC 3580, 1357 S. 46th Street, Richmond, CA 94804, USA;4. National Risk Management Research Laboratory, US EPA, Office of Research and Development, Cincinnati, OH 45268, USA;1. Department of Transportation Management, TamKang University, No. 151, Yingzhuan Rd., Danshui Dist., New Taipei City, Taiwan;2. Department of Logistics Management, National Defense University, No. 70, Section 2, Zhongyang North road, Beitou District, Taipei City, Taiwan |
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| Abstract: | Road Pricing has an established history in the literature of transport economics and has attracted the intermittent attention of policy-makers for many years. The theory has been refined and developed as economists have relaxed the simplifying assumptions of their early work. This paper brings together the wide-ranging literature on road pricing, drawing not only on the standard economic sources but also material that has appeared in the engineering and planning literature. The theory is set in the context of both empirical evidence of the practical viability of road pricing and the political-legal environment in which it must gain acceptance. |
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