Congestion Pricing and Demand Management: A Discussion of the Issues |
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| Authors: | B Starr McMullen |
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| Institution: | B. Starr McMullen is Professor of Economics at Oregon State University. Her research interests include the impacts of transportation regulation/deregulation on shippers, carriers, and the public, the interaction between transportation and economic development, and efficient road pricing. Her articles on transportation related topics have appeared in numerous transportation and economics journals. Her recent book, Profits and the Cost of Capital to the U.S. Trunk Airline Industry Under CAB Regulation, provides an historical account of how CAB regulation affected airline industry finances. |
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| Abstract: | This article reviews the political, technological, and economic issues involved in the formulation of congestion pricing policy. Increased urban congestion combined with increasingly scarce resources is making policymakers consider congestion pricing as an alternative to expanding highway capacity. Past experiences with congestion pricing and other types of demand management are discussed in an attempt to identify problems policymakers may expect to encounter in the US. |
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