Market Failures: the Case for Road Congestion Externalities

  • V. Inglada-López de Sabando
  • P. Coto-Millán
Part of the Contributions to Economics book series (CE)


The study of the external effects on the different economic sectors and branches has experienced a spectacular boom during the past decades within the framework of the Economic Analysis. This interest has become especially strong in the field of transport, in which we only have to go over the economic literature of the past years in order to find the large number of studies, research works and papers dealing with this topic.


Social Cost Market Failure Demand Curve Optimal Price External Cost 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


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Copyright information

© Springer-Verlag Berlin Heidelberg 2004

Authors and Affiliations

  • V. Inglada-López de Sabando
    • 1
  • P. Coto-Millán
    • 2
  1. 1.University Carlos IIISpain
  2. 2.University of CantabriaSpain

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