Tag Archives: congestioncharges

Productivity Commission re-litigates road pricing reform

In situations where demand exceeds supply, a good or service can either be rationed by queuing or rationed by price. Economic theory is clear that it is most efficient to ration by price, as the good or service goes to … Continue reading

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Congestion charges part of solution to costly congestion

Infrastructure Partnerships Australia appears to make some good points in its lobbying of the Abbott Government on the need for congestion charges to help alleviate traffic congestion and defer or avoid the need to augment transport infrastructure, as reported in … Continue reading

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