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Although transportation economists have advocated the tolling of urbanstreets as a mechanism for controlling congestion and managing traveldemands for over 50 years, it is only recently that this idea hasbecome practical. When compared to the alternative of building moreroads, congestion pricing - in particular via electronic tolling - isattractive and has been adopted in countries around the world. Recentimplementations in London, Singapore, and various cities in Norway, as well as a number of projects in the United States, have been judgedsuccessful. This book presents rigorous treatments of issues relatedto congestion pricing. The chapters describe recent advances in areassuch as mathematical and computational models for predicting trafficcongestion, determining when, where, and how much to levy tolls, andanalyzing the impact of tolls on transportation systems
Rigorous treatments of issues related to congestion pricing are described in this book. It examines recent advances in areas such as mathematical and computational models for predicting traffic congestion, determining when, where, and how much to levy tolls, and analyzing the impact on transportation systems. The book follows recent schemes judged to be successful in London, Singapore, Norway, as well as a number of projects in the United States.
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