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Toll road
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== Arguments in favor of toll roads== * Tolls help [[externality#Possible solutions|internalize]] some of the [[externalities of automobiles]], that is costs automobile traffic imposes on society that are not borne by users.<ref>{{Cite web|url=https://marginalrevolution.com/marginalrevolution/2004/08/toll_roads_and_.html|title=Toll Roads and Externalities|date=18 August 2004}}</ref><ref>{{cite journal |last1=Yin |first1=Yafeng |last2=Lawphongpanich |first2=Siriphong |title=Internalizing emission externality on road networks |journal=Transportation Research Part D: Transport and Environment |date=1 July 2006 |volume=11 |issue=4 |pages=292β301 |doi=10.1016/j.trd.2006.05.003 }}</ref> * Through [[dynamic pricing]] trips that do not have to occur at [[rush hour]] can be moved to other times of the day or [[disappearing traffic|be avoided altogether]]. This makes more efficient use of existing road capacity.<ref>{{Cite web|url=https://www8.gsb.columbia.edu/cprm/events/RSanchez|title = Dynamic Pricing on the Road: How Managed Tolls Are Increasing Efficiency and Innovation|date = 16 November 2015}}</ref><ref>{{cite journal |last1=Liu |first1=Louie Nan |last2=McDonald |first2=John F. |title=Efficient Congestion Tolls in the Presence of Unpriced Congestion: A Peak and Off-Peak Simulation Model |journal=Journal of Urban Economics |date=1 November 1998 |volume=44 |issue=3 |pages=352β366 |doi=10.1006/juec.1997.2073 }}</ref>
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