Congestion Charging in London (B): The Economics of Charging Harvard Case Solution & Analysis

In July 2004, Ken Livingstone, the Mayor of Greater London, was to decide whether to extend the system of congestion charging, he sold 17 months earlier. Skeptics predicted a fierce popular opposition and the chaos of the original scheme, which requires that cars and trucks pay a charge 5 (US $ 7.95) to enter the 8-square miles of central London between the hours of 7:00 am and 6: 30 pm, Monday to Friday . The critics were confounded, however, when a 5 charge led to a significant reduction in central London congestion payment and enforcement mechanisms was surprisingly easy and just. His offer to extend for five charge congested area immediately to the west seemed risky, however, as the technical and political problems charge may increase disproportionately sized charging zone. HKS Case Number 1788.0 "Hide
by Jose Gomez-Ibanez 7 pages. Publication Date: February 1, 2005. Prod. #: HKS311-PDF-ENG

Share This

SALE SALE

Save Up To

30%

IN ONLINE CASE STUDY

FOR FREE CASES AND PROJECTS INCLUDING EXCITING DEALS PLEASE REGISTER YOURSELF !!

Register now and save up to 30%.