This presentation discusses the equity and efficiency of tolling and the increases in efficiency from efficiency gains. Efficiency and equity are inextricably related, and they are not inherently in conflict. Congestion pricing generates positive net benefits. Tolls collected with congestion pricing exceed efficiency gains by a large amount.
Traffic congestion has been a world-wide problem in metropolitan areas all over the world. Toll-based traffic management is one of the most applicable...
Express lanes mitigate traffic congestion by providing a time-reliable alternative and exploiting travelers' willingness to pay to generate revenue fo...
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