The economic view of traffic congestion considers that
A) drivers ignore the costs they impose on other drivers by slowing other drivers' commute time.
B) driving is a right.
C) most drivers are not good defensive drivers.
D) the amount of driving should be reduced.

Question

Quizplus · Accepted Answer

The economic view of traffic congestion recognizes that drivers may not consider the costs they impose on other drivers when they drive during peak hours, slowing down other drivers' commute times. This implies that reducing congestion requires solutions that incentivize individual drivers to take into account the spillover effects of their actions on others. Options would include variable tolls or congestion charges that reflect the marginal external cost imposed by a driver for driving during peak hours, rather than a uniform toll regardless of the time of day.

The Economic View of Traffic Congestion Considers That