Congestion Pricing Efficiency and Equity
Michael Manville
Abstract
Open-access reader
Michael Manville
Abstract
Open-access reader
Congestion pricing is effective, and efficient, but is it fair? One of the biggest concerns surrounding dynamic road charges is that they will harm low-income people. This seminar examines the equity implications of congestion charging, and argues that road pricing can satisfy the demands of both equity and efficiency.
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Congestion pricing is effective, and efficient, but is it fair? One of the biggest concerns surrounding dynamic road charges is that they will harm low-income people. This seminar examines the equity implications of congestion charging, and argues that road pricing can satisfy the demands of both equity and efficiency.
Key concepts: Equity (law), Economics, Financial economics, Business, Computer science, Political science, Law