Close this search box.

The Economics of Tolled Road Crossings

The Economics of Tolled Road Crossings

The authors examine the different practices adopted by the USA and the United Kingdom in levying tolls on transport infrastructure. Both diverge from economic theory. The British treatment of outstanding debt is found to be in need of reform.

Share Content


Related Articles

Optimal Public transport Price and Service Frequency

Because values of time and passenger behaviour depend on the level of frequency it is found that: (1) in urban public transport there may be one low-deficit local optimum and one high-deficit local optimum, one of which is global; (2) contrary to what might be expected, optimal financial deficit per passenger is typically larger for high frequency services than for low-frequency services; (3) the optimal off-peak may exceed the optimal peak price.

View Journal »