Tuesday, February 17, 2015
Jacob Besser, Chapter 2, Question 7
The part of this chapter that I found most interesting is how London is using incentives to reduce traffic in the central London area. Adding that extra 5 euro charge to anyone who wants to travel in a motor vehicle in central London is a very good way of increasing the gainz for the government as well as increasing traffic safety and reducing congestion within the central London area. The question that is pressing me is how the system London has put in place reduces traffic while similar systems of toll roads in the United States don't reduce traffic in a similar magnitude. It will be curious to see in what other situation monetary incentives would have such an impact.
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