2006
DOI: 10.1016/j.econlet.2005.08.008
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Optimal environmental road pricing

Abstract: An optimal first-best road charge should not only be differentiated with respect to factors that affect the direct external environmental and time costs from the road-user himself. Indirect effects, such as the fact that other cars will be more polluting when congestion increases, should also be taken into account.

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Cited by 26 publications
(9 citation statements)
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“…However, only a few studies have simultaneously considered some of these interactions in the design process, in terms of either the bilateral relationships between macro-level (especially, environmental) effects and travel (and location) choices [57,178,223,311,332,418], or the endogenous changes in time value perceptions [88,240]. The holistic treatment of these interactions should take into account the inter-personal as well as the intrapersonal variability of perceptions and attitudes, together with the behavioral and macro-level effects over a 'predictable' time horizon.…”
Section: Evaluation and Treatment Of The Impacts Of Road Network Pricingmentioning
confidence: 99%
“…However, only a few studies have simultaneously considered some of these interactions in the design process, in terms of either the bilateral relationships between macro-level (especially, environmental) effects and travel (and location) choices [57,178,223,311,332,418], or the endogenous changes in time value perceptions [88,240]. The holistic treatment of these interactions should take into account the inter-personal as well as the intrapersonal variability of perceptions and attitudes, together with the behavioral and macro-level effects over a 'predictable' time horizon.…”
Section: Evaluation and Treatment Of The Impacts Of Road Network Pricingmentioning
confidence: 99%
“…Much attention among previous studies has focused on the effects of road pricing and driving restrictions, the results of which are contradictory in various cities [5][6][7][42][43][44]. Johansson-Stenman [45] reviewed the theory of congestion pricing for roads and suggests that improved public transport or frequent use of public transport are potentially important policy complements to road pricing. As for other road and transport policies, Wang et al [46] found that road patterns have a significant effect on PM 2.5 concentrations.…”
Section: Literature Reviewmentioning
confidence: 99%
“…However, it may be noted that emission pricing defined in this article is different from congestion pricing, as in emission pricing the objective is to reduce emissions and congestion. Johansson-Stenman (2006) has shown that negative externalities due to indirect environmental costs are overlooked while performing conventional congestion pricing. Hence a new model was proposed for considering environmental concern in traditional optimal steady-state road pricing models.…”
Section: Introductionmentioning
confidence: 99%