This article discusses the events that led to the imposition of the London congestion charge. Moreover, views about the congestion charge, both pro and con, are presented. It also discusses the economics of traffic congestion, pointing out that the social optimum will not be reached by an unregulated marketplace for driving.
It has the ability to store sufficient data to estimate the dead weight loss in an unregulated marketplace and the decrease in the dead weight loss due to the imposition of the congestion charge in the year 2003.
PUBLICATION DATE: January 01, 2006 PRODUCT #: KEL193-PDF-ENG
This is just an excerpt. This case is about STRATEGY & EXECUTION