Generally viewed as an urban menace, the problem of traffic congestion has huge economic implications, which are often overlooked by urban planners. This book examines and quantifies the costs and adverse consequences and of traffic congestion, which include emissions, loss of productive hours, fuel wastage, and the adverse effects on the health of commuters, among others. It provides a comprehensive and scientific understanding of the underlying problems of traffic gridlocks by analyzing empirical evidence from Bengaluru, a city in South India. It also offers solutions and highlights innovative measures that draw from both economic and engineering perspectives to counter and reduce the tangible and intangible costs of traffic conjestion. This book will be of interest to both academic and non-academic readers of economics, environmental economics and econometrics, transport economics, urban planning, transport geography, as well as planners and policy makers.