TOPIC: Globalisation » Economy » Transportation » By Land » Cars
Category
articles
Date
2012-01-30
Actor
Folbre, Nancy
Source
New York Times
Uploaded date
2012-02-16
Uploaded by

Traffic Jam Economics

"Urban congestion exemplifies the larger problem of effectively coordinating individual decisions to use largely unpriced goods like roads. Drivers are adept at anticipating delays and factoring them into decisions on whether and when to hit the road. But, absent tolls, they are not compelled to factor in the delays their driving imposes on others." (Quoted from article)

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