Cordon Pricing Makes New York Congestion Worse

13 Feb 2025 Leave a comment

by Jim Rose in applied price theory, transport economics, urban economics Tags:

Early reports claim that New York City’s so-called congestion pricing program is a great success, reducing the number of vehicles driving into lower Manhattan by 5 to 6 percent. However, because it really isn’t congestion pricing — that is, it doesn’t price roads by how much congestion there is but … Continue reading →

Cordon Pricing Makes New York Congestion Worse

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