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- W1939155034 abstract "As U.S. traffic policy has evolved, congestion in the nation's cities has worsened steadily. Economists have long recognized that congestion can be dealt with simply and efficiently by charging motorists a very high premium for using the most popular roads during peak hours. Interest in congestion pricing is growing and has reached far beyond academia. A surge of conference activity has brought it to the fore among transportation planners and even some politicians. Several developments have combined to give currency to congestion pricing. For one thing, the failure of all other congestion policies gives new allure to drastic options. In addition, the potential of congestion pricing as a prodigious source of much-needed new revenue is being recognized by local, state, and federal officials alike. Congestion pricing would use money - instead of congestion delay - to ration scarce capacity. This approach is more efficient than conventional congestion policy, because time spent in congestion delay is lost forever and is a considerable drain on society." @default.
- W1939155034 created "2016-06-24" @default.
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- W1939155034 date "1993-01-01" @default.
- W1939155034 modified "2023-09-26" @default.
- W1939155034 title "Urban Traffic Congestion: A New Approach to the Gordian Knot" @default.
- W1939155034 doi "https://doi.org/10.2307/20080379" @default.
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