Daily Archives: 12 March 2024

Pricing Congestion to Increase Traffic: The Case of Bogotá

Juan-Pablo MonteroPublicationsResearch areaResearch FellowsSectoral PoliciesWorking papersComments Off on Pricing Congestion to Increase Traffic: The Case of Bogotá

In September 2020, the city of Bogotá introduced a major market-based reform to its odd-even driving restriction. The big winners of the reform are middle-income individuals who now use their cars more often, whereas the big losers are high-income individuals who now spend more time in traffic.