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Road Pricing and the Edge worth Paradox
Authors:Dr Martin Mogridge
Institution:Martin Mogridge is an Associate Senior Research Fellow at the Transport Studies Group, University College, London. He is the author of;Travel in Towns: Jam Yesterday, Jam Today and Jam Tomorrow?
Abstract:Can road pricing cure traffic congestion? Dr Martin Mogridge, of the Transport Studies Unit of University College London, explains how taxing cars and subsidising buses could reduce traffic congestion. Readers who may find Dr Mogridge's technical argument difficult should refer to the box.
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