Repository logo
  • Log In
    Log in via Symplectic to deposit your publication(s).
Repository logo
  • About
  • Communities & Collections
  • Advanced Search
  • Statistics
  • Log In
    Log in via Symplectic to deposit your publication(s).
  1. Home
  2. Faculty of Engineering
  3. Civil and Environmental Engineering
  4. Civil and Environmental Engineering
  5. The transport problem: the need for consistent policies on pricing and investment
 
  • Details
The transport problem: the need for consistent policies on pricing and investment
File(s)
JTRP2024.pdf (1.78 MB)
Published version
Author(s)
Vickerman, Roger
Type
Journal Article
Abstract
This paper reviews the basic issues involved in identifying and providing solutions to transport problems. The paper argues that solutions focusing solely on investment in capacity or second-best solutions to pricing such as road pricing and free public transport ignore the essential economic relationships involved in transport. The paper provides a critique of investment and pricing and argues for a more integrated approach in which optimal pricing is a core consideration in any investment decisions. This is seen as particularly important in a post Covid-19 world where many of the fundamental drivers of transport demand have changed, and public authorities face significant constraints on budgets whilst new pressures such as commitments to net zero in the face of global warming threats add additional pressures. The paper offers some thoughts on the principles involved in establishing a more suitable structure for dealing with the transport problem.
Date Issued
2024-04
Date Acceptance
2024-02-08
Citation
Transport Policy, 2024, 149, pp.49-58
URI
http://hdl.handle.net/10044/1/112261
URL
http://dx.doi.org/10.1016/j.tranpol.2024.02.009
DOI
https://www.dx.doi.org/10.1016/j.tranpol.2024.02.009
ISSN
0967-070X
Publisher
Elsevier
Start Page
49
End Page
58
Journal / Book Title
Transport Policy
Volume
149
Copyright Statement
© 2024 The Author. Published by Elsevier Ltd. This is an open access article under the CC BY license (http://creativecommons.org/licenses/by/4.0/).
License URL
Attribution 4.0 International
Identifier
http://dx.doi.org/10.1016/j.tranpol.2024.02.009
Publication Status
Published
Date Publish Online
2024-02-08
About
Spiral Depositing with Spiral Publishing with Spiral Symplectic
Contact us
Open access team Report an issue
Other Services
Scholarly Communications Library Services
logo

Imperial College London

South Kensington Campus

London SW7 2AZ, UK

tel: +44 (0)20 7589 5111

Accessibility Modern slavery statement Cookie Policy

Built with DSpace-CRIS software - Extension maintained and optimized by 4Science

  • Cookie settings
  • Privacy policy
  • End User Agreement
  • Send Feedback