Abstract
While the idea of introducing road pricing as an instrument to reduce the costs of urban road traffic congestion has gained a significant amount of intellectual support in recent years its actual implementation, other than in rather crude forms, has taken rather more time. The aim of this chapter is not so much to examine why the take-up of road pricing has been so slow but rather to consider the need for the introduction of new, or restructuring of existing, fiscal instruments of traffic management. Road pricing alone should be seen as an element of a larger package of fiscal measures which, alongside appropriate command-and-control instruments, is necessary to ensure a more optimal use of urban transport infrastructure is achieved.
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Button, K. (1995). Road Pricing as an Instrument in Traffic Management. In: Johansson, B., Mattsson, LG. (eds) Road Pricing: Theory, Empirical Assessment and Policy. Transportation Research, Economics and Policy. Springer, Dordrecht. https://doi.org/10.1007/978-94-011-0980-2_3
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DOI: https://doi.org/10.1007/978-94-011-0980-2_3
Publisher Name: Springer, Dordrecht
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