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- W2189487167 abstract "Roadway tolling can be easily shown to be potentially Pareto-improving, presuming that the winners will compensate the losers. There is substantial evidence, however, that without such compensation, or without a deliberately progressive plan to refund toll revenues, the burdens and benefits tend to be regressive. The evidence, for now, rests on an approach to modeling travel behavior that does not explicitly take into account the e ects of income on choice behavior. A comparison here between an approach with income e ects and one without indicates that by omitting income e ects, the regressiveness of tolling will tend to be understated. The results also indicate that a toll alone, even without redistribution of the revenues, may still be potentially Pareto-improving, because the highest income range places a high monetary value on travel time savings." @default.
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- W2189487167 date "2006-01-01" @default.
- W2189487167 modified "2023-09-24" @default.
- W2189487167 title "The Equity E ects of Roadway Tolls: An Application of Hicksian Welfare Measures with Income E ects" @default.
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