Pricing and investment in transportation facilities.

Author(s)
Hilton, G.W.
Year
Abstract

The principal problem confronting congress as it develops a public program is to ensure that the program does not treat the symptoms of inept pricing of existing facilities and the inappropriate economic organisation of private industry that uses the public facilities. These conditions give rise to a political demand for excessive investment to deal with peak loads. Two principal examples are presented as illustrations: airports and building of roads.

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Publication

Library number
B 11239 (In: B 8553 S) /10/ IRRD 220355
Source

In: TRB Special Report No. 157, 1975, p. 45-50, 2 ref.

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