A second-best traffic demand management policy, cordon tolls, is considered. Double cordons are simulated for seven English towns. It is found that a second, outer cordon implemented jointly with an inner cordon surrounding the city center enhances the increase in social welfare in comparison with a single inner cordon. Although other social and political considerations such as potential revenues and distributional effects may persuade policy makers to implement higher or lower charges, a method is proposed for deciding on the optimal combination of tolls, which is defined as the combination that maximizes the increase in social welfare for a given cordon location, social welfare being equal to the sum of individual utilities minus the sum of individual costs.


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    Title :

    Double Cordon Tolls in Urban Areas to Increase Social Welfare


    Additional title:

    Transportation Research Record: Journal of the Transportation Research Board


    Contributors:


    Publication date :

    2002-01-01




    Type of media :

    Article (Journal)


    Type of material :

    Electronic Resource


    Language :

    English



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