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Quoted from Commentary: Road pricing and optimal transport networks*: "The principles of road pricing were set out in 1954 by Walters and of electronic road pricing by Vickery in 1959. The first specific paper on congestion pricing was written in 1961. Singapore was the first to apply some of the concepts in 1975 and even this pricing did not optimise the use of scarce road space." * http://findarticles.com/p/articles/mi_qa3927/is_/ai_n8899993

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16y ago

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