This work on the economics of road transport covers a range of issues: the external effects and social costs; regulation; congestion and tolling; the economics of regulatory parking; the environment; social feasibility factors; and more.

This text examines Pigouvian taxes, one of the policies for dealing with increased traffic flow and congestion, as well as considering a variety of other policies which may be more politically and socially acceptable. Road pricing schemes are discussed as an alternative to Pigouvian taxes.