The Law, Economics, and Policy of Urban Congestion (original) (raw)

2009, New York University Law and Economics Working …

AI-generated Abstract

The paper explores the intersection of law, economics, and policy related to urban congestion, framing traffic congestion as a classic example of the Tragedy of the Commons. It argues that the unrestricted use of public roadways by automobiles has led to detrimental societal and environmental effects, such as reduced urban life and increased pollution. The author advocates for government intervention to manage this externality, emphasizing that the traditional justifications for such policies have focused primarily on alleviating driver frustration rather than addressing the broader implications of congestion on public health and urban vitality.

Sign up for access to the world's latest research.

checkGet notified about relevant papers

checkSave papers to use in your research

checkJoin the discussion with peers

checkTrack your impact