****************** New Book from Elsevier ********************


Road Pricing: Theory and Evidence, Research in Transportation Economics
Series, Volume 9
Edited By 
Georgina Santos , University of Cambridge, UK

Included in series 
Research in Transportation Economics, 9
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Description 
Traffic congestion affects towns and cities everywhere and in some places it
is regarded as one of the most urgent and important problems in need of a
solution. Road pricing is undoubtedly recognised as an effective traffic
demand management tool. The recent London congestion charging scheme seems
to be showing that public and political opposition is not insurmountable.
Thus, the ghost that prevented the introduction of a policy supported by
transport economists for over 80 years seems to have disappeared or at
least, weakened. The book contains twelve papers useful to different types
of audience, such as researchers and postgraduate students, civil servants,
policy makers and consultants. The first part is mainly theoretical and
concentrates on second-best congestion pricing including pricing in urban
contexts, the impact on the performance of the road network, optimal
locations and charge levels, dynamic aspects such as time variation of
tolls, potential impacts of road pricing on costs and service quality of
public transport buses, and efficiency costs and transport sector effects of
different types of pricing when they guarantee a balanced budget per mode.
The second part contains chapters that describe the schemes in place around
the world such as Singapore, Norway, London, and the US. The volume is an
update of the state of the art on the subject and the first one to have been
written and appear after the London scheme was implemented and to contain an
assessment of its preliminary impacts.

Audience 
Researchers and postgraduate students in transportation, civil servants,
policy makers and consultant.

Contents:

Theory. 
The Rationale for Road Pricing: Standard Theory and Latest Advances. (K.J.
Button). Second-Best Marginal Cost Pricing for Imperfect Substitutes in
Urban Networks. (J. Rouwendal, E.T. Verhoef). The Impact on Network
Performance of Drivers? Response to Alternative Road Pricing Schemes. (A.
May, D. Milne). Optimal Locations and Charges for Cordon Schemes. (A. May,
S. Shepherd, Agachai Sumalee). Time-Varying Road Pricing and Choice of Toll
Locations. (A. de Palma, R. Lindsay, E. Quinet). Road Pricing and Public
Transport. (K.A. Small). Marginal Social Cost Pricing for all Transport
Modes and the Effects of Modal Budget Constraints. (S. Proost, K. Van
Dender). 

Evidence. 
Transport Policies in Singapore. (G. Santos, Wai Wing Li, W.H. Koh).
Norwegian Urban Tolls. (F. Ramjerdi, H. Minken, K. Østmoe). Road Pricing in
the UK. (G. Santos). The US Experience: Pilot Projects. (P. DeCorla-Souza).
Welfare and Distributional Effects of Road Pricing Schemes for Metropolitan
Washington DC. (E. Safirova et al.).

Bibliographic & ordering Information 
Hardbound, ISBN: 0762309687, 338 pages Imprint: JAI
Price: 
GBP 63.50
EUR 95
USD 95