1 option
How Can We Eliminate Traffic Congestion in Urban Centers?.
- Format:
- Video
- Series:
- Academic Video Online
- Language:
- English
- Subjects (All):
- Traffic congestion.
- Urban transportation policy.
- Physical Description:
- 1 online resource (8 minutes)
- Place of Publication:
- [Place of publication not identified] : Latest Thinking, [date of publication not identified]
- System Details:
- video file
- Summary:
- As well as resulting in frustration for drivers, traffic congestion leads to significant economic costs. In this video, PETER CRAMTON argues that a properly implemented road pricing system can enable us to eliminate traffic congestion in urban areas. The study explains that once road usage is accurately measured, principles of market design can be used to develop and implement a highly efficient pricing system with benefits for all. Addressing concerns around equity and privacy, Cramton's work suggests that the large scale benefits of road pricing, enhanced both by the availability and diminishing cost of relevant technologies, make its introduction virtually inevitable.
- Notes:
- Title from resource description page (viewed August 24, 2020).
- Part of the metadata in this record was created by AI.
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