Incentives for Mobility: Using Market Mechanisms to Rebuild America’s Transportation Infrastructure

Details

• Creators:
  Poole, Robert W., Jr.
• Subject/TRT Terms:
  • Mobility
  • Airports
  • Financing
  • Freeways
  • Highways
  • Incentives
  • Markets
  • Infrastructure
  • Ports
  • Pricing
  More +
• Publication/ Report Number:
  116
• Resource Type:
  Research Paper
• Geographical Coverage:
  United States
• Corporate Publisher:
  Reason Foundation
• Abstract:
  America's transportation infrastructure is inadequate, but the solution is not simply to spend more public money. A market-oriented analysis reveals that the problem is institutional. The incentives which operate in the public sector under current policies all too often lead to (a) spending on the wrong needs, (b) not making efficient use of existing infrastructure, and (c) failing to maintain this infrastructure properly. The market-oriented approach proposed here for our national transportation policy can resolve these structural failings. It stresses user funding, dedicated revenues, market pricing, and the use of private capital. These principles can be applied to airports, highways and freeways, mass transit, ports and waterways.
• Format:
  PDF
• Download URL:
  https://rosap.ntl.bts.gov/view/dot/14248/dot_14248_DS1.pdf
• File Type:
  [PDF - 224.47 KB]
• Collection(s):
  US Transportation Collection
• Main Document Checksum:
  urn:sha256:b180679acacc7c6a7af73c98693858481f893bf998edc4c1434e7d163a18358d