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Disproving the User Toll Theory

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Document pages: 9 pages

Abstract: User toll means that drivers have to pay money to cover road cost, just like eaters pay money to cover food cost. This paper first shows that the U-shaped cost theory supports such toll, but the corresponding functions are neither demand nor supply. Then, it separates the U-shaped cost theory into two: A variable cost theory to uproot the user toll mindset and to derive a positive traffic supply; A fixed cost one to evaluate the worthiness of a road. After the correct assessment for public roads is derived, this paper disproves toll-cum-tax. It also corrects many economics misunderstandings.

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