Hot Lanes: Introducing Congestion-Pricing One Lane at a Time
Gordon J. Fielding and
Daniel B. Klein
For years, economists have claimed that the only solution to highway congestion is to charge motorists for driving. But it's clear that congestion pricing still remains politically unpopular. People easily recognize the losses they'll incur by paying tolls. But they ignore the prospective benefits, including equitable distribution of driving costs, reduced congestion, efficient use of road capacity, increased public transit and ridesharing, and funding for highway upkeep and expansion.
