Describes the events that led to the introduction of Congestion Charge in London. Opinion of the congestion charge, and the pros and cons are. Also discussed in general terms, the economy of congestion on the roads, noting that the unregulated market to drive reaches the social optimum. Contain sufficient information to assess the deadweight loss in the unregulated market and reduce the deadweight losses due to the introduction of the congestion charge in 2003. "Hide
by David Besanko, Johannes Horner, Ed Kalletta Source: Kellogg School Management 10 pages. Publication Date: January 1, 2006. Prod. #: KEL193-PDF-ENG
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