Munich Personal RePEc Archive

Congestion pricing

Eliasson, Jonas (2017): Congestion pricing. Published in: Cowie, J., and Ison, S. (eds.): Handbook of Transport Economics (2017)

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Abstract

This chapter explains the basic ideas, concept and theories of congestion pricing, and then focuses on how the theoretical idea can be applied in practice. The first section gives a brief overview of the major operational urban congestion pricing schemes. The second section gives a summary of the theory of congestion pricing, stressing the points that are important for applications. The third section discusses benefits and costs in practice. The fourth section gives a summary of the vast literature of public and political opinions of congestion charges. Finally, the last section presents some speculations about the future of congestion pricing.

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