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Congestion Charges and Welfare: Some Answers to Sharps’s Doubts

Congestion Charges and Welfare: Some Answers to Sharps’s Doubts

In the Economic Journal, December 1966 (Vol. 76, pp 806-17), Clifford Sharp questioned some of the benefits to be expected from a congestion tax, as set out in the Smeed Report, Professor Vickrey seeks to answer his doubts, and Dr. Sharp makes his position clearer.

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