Road tolls, diverted traffic and local traffic calming measures: who should be in charge?
The paper studies the traffic problems of a small town that is located parallel to a motorway and faces through traffic. We assume that the federal government can control traffic levels on the motorway using tolls, whereas a local government controls local accident risks and congestion using non-price measures such as speed bumps, traffic lights and ...
De Borger, Bruno, Proost, Stef
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