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Essays on Microeconomics and Industrial Organisation pp 343–360Cite as

Market Failures: the Case for Road Congestion Externalities

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Abstract

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.

Keywords

  • 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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Author information

Authors and Affiliations

  1. University Carlos III, Spain

    V. Inglada-López de Sabando

  2. University of Cantabria, Spain

    P. Coto-Millán

Authors
  1. V. Inglada-López de Sabando
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  2. P. Coto-Millán
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Editor information

Editors and Affiliations

  1. Department of Economics, University of Cantabria, Avda. Los Castros s/n., 39005, Santander, Spain

    Professor Dr. Pablo Coto-Millán

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© 2004 Springer-Verlag Berlin Heidelberg

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Inglada-López de Sabando, V., Coto-Millán, P. (2004). Market Failures: the Case for Road Congestion Externalities. In: Coto-Millán, P. (eds) Essays on Microeconomics and Industrial Organisation. Contributions to Economics. Physica, Heidelberg. https://doi.org/10.1007/978-3-7908-2670-8_23

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  • DOI: https://doi.org/10.1007/978-3-7908-2670-8_23

  • Publisher Name: Physica, Heidelberg

  • Print ISBN: 978-3-7908-0104-0

  • Online ISBN: 978-3-7908-2670-8

  • eBook Packages: Springer Book Archive

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