Why Charge?

  • Martin G. Richards

Abstract

There is a well-established economic rationale for congestion charging, going back to the work of Adam Smith in The Wealth of Nations. However, the case for congestion charging has developed to include environmental, social and financial reasons to provide a broader base for the adoption of congestion charging as an element of transport policy.

Keywords

Transport Policy Road Price Congestion Price Internal Cost Congestion Charge 
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

© Martin G. Richards 2006

Authors and Affiliations

  • Martin G. Richards

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