Smart Traffic Congestion Reductions – Comprehensive Analysis Of Congestion Costs and Congestion Reduction Benefits (39 page pdf, Todd Litman, Victoria Transport Policy Institute, Aug.22, 2011)
Today’s focus is on Todd Litman’s analysis of congestion costs and how this analysis can be used to select the most effective way of reducing congestion. The traditional way of doing this is by road expansion but this compares poorly with improving mobility from public transit, for example. Congestion pricing is seen as the optimum in theory but its cost effectiveness is a function of other factors.
To see Key Quotes and Links to key reports about this post, click HERE
Filed under: PRICING, Urban Traffic Tagged: | economic, pricing, traffic, transportation, urban
