Road Pricing

This text examines Pigouvian taxes, one of the policies for dealing with increased traffic flow and congestion, as well as considering a variety of other policies which may be more politically and socially acceptable.

Privatization began in the 1970s with Carter's deregulation of some business, and increased with the Thatcher administration in the United Kindgom, the Reagan administration in the United States, and many communist and socialist countries. One area of concern in privatization is transportation--airports, water ports, roads, and mass transit. Privatization can be implemented in financing, construction, operation, and maintenance of the transportation system, the main motives being the belief that the private sector can be more efficient than the public sector, and because public funds are becoming less plentiful for a variety of reasons. These original essays, contributed by a distingushed group that includes the 1996 Nobel Prize in Economics co-recipient William Vickrey, focus on ideas and innovations for expanding the private role in transportation.

This volume, the first to result from the Diebold Institute Information-Based Infrastructure Project, explores the links between business and government in the development of intelligent transportation systems (ITS) technology. The work focuses on road and vehicular infrastructures, comparing those of the U.S., Europe, and Japan, and the roles that ITS can play in solving major current and anticipated future transportational problems. Special attention is given to environmental and economic concerns.

There is currently considerable concern with limiting the growth of transport demand, the use of resources and related pollution. This book brings together the results of a major research programme on the issue.

Experts from law, political science and economics provide a detailed examination of the debate over new forms of environmental regulation in the European Union, offering recommendations for improving the next generation of policies.