The Role of Tradable Credit Schemes in Road Traffic Congestion Management

References

• Akamatsu, T. (2007). Tradable network permits: A new scheme for the most efficient use of network capacity. Working paper. Retrieved from http://www.plan.civil.tohoku.ac.jp/~akamatsu/Publications/PDF/TS-TNP-P1%28070311%29.pdf
   Google Scholar
• Banister, D. (1999). Planning more to travel less. Town Planning Review, 70(3), 313–338.
   Google Scholar
• Baumol, W. J., & Oates, W. E. (1988). The theory of environmental policy (2nd ed.). Cambridge: Cambridge University Press.
   Google Scholar
• Ben-Elia, E., & Ettema, D. (2009). Carrots versus sticks: Rewarding commuters for avoiding the rush-hour – a study of willingness to participate. Transport Policy, 16(2), 68–76. doi: 10.1016/j.tranpol.2009.03.005
   Web of Science ®Google Scholar
• Ben-Elia, E., & Ettema, D. (2011a). Rewarding rush-hour avoidance: A study of commuters’ travel behavior. Transportation Research Part A, 45(7), 567–582.
   Google Scholar
• Ben-Elia, E., & Ettema, D. (2011b). Changing commuters’ behavior using rewards: A study of rush-hour avoidance. Transportation Research Part F, 14(5), 354–368. doi: 10.1016/j.trf.2011.04.003
   Google Scholar
• Buitelaar, E., Van der Heijden, R., & Argiolu, R. (2007). Managing traffic by privatization of road capacity: A property rights approach. Transport Reviews, 27(6), 699–713. doi: 10.1080/01441640701262949
   Web of Science ®Google Scholar
• Chin, A., & Smith, P. (1997). Automobile ownership and government policy: The economics of Singapore's vehicle quota scheme. Transportation Research Part A, 31(2), 129–140.
   Google Scholar
• Crals, E. (2005). Tradable rights and transaction costs: A comparative analysis of alternative policy instruments for emissions, road use and public deficits (PhD dissertation). University Erfurt.
   Google Scholar
• Dales, J. G. (1968). Land, water, and ownship. Canadian Journal of Economics, 1, 791–804. doi: 10.2307/133706
   Web of Science ®Google Scholar
• Davis, L. W. (2008). The effect of driving restrictions on air quality in Mexico City. Journal of Political Economy, 116(1), 38–81. doi: 10.1086/529398
   Web of Science ®Google Scholar
• European Commission. (2011). WHITE PAPER roadmap to a single European transport area – towards a competitive, and resource efficient transport system. Retrieved from http://eur-lex.europa.eu
   Google Scholar
• Fan, W. B., & Jiang, X. G. (2013). Tradable mobility permits in roadway capacity allocation: Review and appraisal. Transport Policy, 30(6), 132–142. doi: 10.1016/j.tranpol.2013.09.002
   Web of Science ®Google Scholar
• Givoni, M., Macmillen, J., Banister, D., & Feitelson, E. (2013). From policy measures to policy packages. Transport Reviews, 33(1), 1–20. doi: 10.1080/01441647.2012.744779
   Web of Science ®Google Scholar
• Goddard, H. C. (1997). Using tradable permits to achieve sustainability in the world's large cities: Policy design issues and efficiency conditions for controlling vehicle emissions, congestion and urban decentralization with an application to Mexico City. Environmental and Resource Economics, 10(1), 63–99. doi: 10.1023/A:1026444113237
   Google Scholar
• Grant-Muller, S. (2004). SPECTRUM – Deliverable D2: Review of specific urban transport measures in managing capacity. Project report. Retrieved from http://www.its.leeds.ac.uk/projects/spectrum/downloads/D2.pdf
   Google Scholar
• Grant-Muller, S., & Laird, J. (2006). Costs of congestion: Literature based review of methodologies and analytical approaches. Scottish Executive Social Research Report. Retrieved from http://www.scotland.gov.uk/socialresearch
   Google Scholar
• Grant-Muller, S. M., & Usher, M. (2013). Intelligent transport systems: The propensity for environmental and economic benefits. Technological Forecasting and Social Change. doi:10.1016/j.techfore.2013.06.010
   PubMed Web of Science ®Google Scholar
• Gulipalli, P. K., Kalmanje, S., & Kockelman, K. M. (2008). Credit-based congestion pricing: Expert expectations and guidelines for application. Journal of the Transportation Research Forum, 47(2), 5–20.
   Google Scholar
• Gulipalli, P., & Kockelman, K. M. (2008). Credit-based congestion pricing: A Dallas-Fort Worth application. Transport Policy, 15(1), 23–32. doi: 10.1016/j.tranpol.2007.10.007
   Web of Science ®Google Scholar
• Hall, P., & Marshall, S. (2002). The land use effects of ‘the 10 year plan. Report for Independent Transport Commission, London.
   Google Scholar
• He, F., Yin, Y. F., Shirmohammadi, N., & Nie, Y. (2013). Tradable credit schemes on networks with mixed equilibrium behaviors. Transportation Research Part B, 57, 47–65. doi: 10.1016/j.trb.2013.08.016
   Google Scholar
• Hepburn, C. (2006). Regulation by prices, quantities, or both are view of instrument choice. Oxford Review of Economic Policy, 22(2), 226–247. doi: 10.1093/oxrep/grj014
   Web of Science ®Google Scholar
• Howe, C. W. (1994). Taxes versus tradable discharge permits: A review in the light of the US and European experience. Environmental and Resource Economics, 4(2), 151–169. doi: 10.1007/BF00692201
   Google Scholar
• Jeanrenaud, C. (1999). Obstacles to the implementation of tradable permits: The case of Switzerland. In OECD (Ed.), Implementing domestic tradable permits for environmental protection (pp. 167–182). Paris: OECD.
   Google Scholar
• Johansson-Stenman, O. (1999). Regulating road transport externalities: Pricing versus command-and-control. In Thomas Sterner (Ed.), The market and the environment (pp. 134–157). Cheltenham: Edward Elgar Publishing.
   Google Scholar
• Kahneman, D., & Tversky, A. (1984). Choices, values, and frames. American Psychologist, 39(4), 341–350. doi: 10.1037/0003-066X.39.4.341
   Web of Science ®Google Scholar
• Kalmanje, S., & Kockelman, K. M. (2004). Credit-based congestion pricing: Travel, land value and welfare impacts. Transportation Research Record, 1864, 45–53. doi: 10.3141/1864-07
   Google Scholar
• Kockelman, K. M., & Kalmanje, S. (2005). Credit-based congestion pricing: A policy proposal and the public's response. Transportation Research Part A, 39(7–9), 671–690.
   Google Scholar
• Kockelman, K. M., & Lemp, J. D. (2011). Anticipating new-highway impacts: Opportunities for welfare analysis and credit-based congestion pricing. Transportation Research Part A, 45(8), 825–838.
   Google Scholar
• Marshall, S., & Lamrani, Y. (2003). PLUME, Synthesis Report: Land Use Planning Measures. Draft V1.2.
   Google Scholar
• May, A. (2005). PROSPECTS – a decision maker's guidebook. Brussels: European Commission. Retrieved March 13, 2011, from http://www.iee-library.eu/
   Google Scholar
• Mokhtarian, P. L. (2009). If telecommunication is such a good substitute for travel, why does congestion continue to get worse? Transportation Letters, 1, 1–17. doi: 10.3328/TL.2009.01.01.1-17
   Web of Science ®Google Scholar
• Nie, Y. (2012). Transaction costs and tradable mobility credits. Transportation Research Part B, 46(1), 189–203. doi: 10.1016/j.trb.2011.10.002
   Google Scholar
• Nie, Y. (2013). A new tradable credits scheme for the morning commute problem. Network and Spatial Economics. Available online
   PubMed Web of Science ®Google Scholar
• Nie, Y., & Yin, Y. F. (2013). Managing rush hour travel choices with tradable credits scheme. Transportation Research Part B, 50(4), 1–19. doi: 10.1016/j.trb.2013.01.004
   Google Scholar
• Organization for Economic Cooperation and Development. (2001). Domestic transferable permits for environmental management: Design and implementation (pp. 17–20). Paris: OECD.
   Google Scholar
• Organization for Economic Cooperation and Development. (2004). OECD principles of corporate governance (pp. 20–25). Paris: OECD.
   Google Scholar
• Organization for Economic Cooperation and Development. (2013). Better use of infrastructures to reduce environmental and congestion costs. In OECD Economic Surveys: Belgium 2013 (pp. 11–13). Paris: OECD Publishing. Retrieved from http://www.oecd.org/eco/surveys/Belgium2013_Overview_ENG%20(2).pdf
   Google Scholar
• Parry, I. W. H. (2002). Comparing the efficiency of alternative policies for reducing traffic congestion. Journal of Public Economics, 85, 333–362. doi: 10.1016/S0047-2727(00)00163-8
   Web of Science ®Google Scholar
• Potter, S., Enoch, M., Rye, T., Black, C., & Ubbels, B. (2006). Tax treatment of employer commuting support: An international review. Transport Reviews, 26(2), 221–237. doi: 10.1080/01441640500184385
   Web of Science ®Google Scholar
• Raux, C. (2002). The use of transferable permits in the transport sector. In Implementing domestic tradable permits: Recent developments and future challenges (pp. 141–185). Retrieved from http://hal.inria.fr/docs/00/08/04/54/PDF/RauxOECD.pdf
   Google Scholar
• Raux, C. (2007). Tradable driving rights in urban areas: Their potential for tackling congestion and traffic-related pollution. Working paper. Retrieved from http://hal.inria.fr/docs/00/18/50/12/PDF/Raux_TradableDrivingRights.pdf
   Google Scholar
• Santos, G., Behrendt, H., Maconi, H., Shirvani, T., & Teytelboym, A. (2010). Part I: Externalities and economic policies in road transport. Research in Transportation Economics, 28, 2–45. doi: 10.1016/j.retrec.2009.11.002
   Google Scholar
• Schrank, D., Lomax, T., & Turner, S. (2010). 2010 urban mobility report. Texas Transportation Institute. Retrieved from http://tti.tamu.edu/documents/mobility_report_2010.pdf
   Google Scholar
• Shirmohammadi, N., Zangui, M., Yin, Y., & Nie, Y. (2013). Analysis and design of tradable credit schemes under uncertainty. Transportation Research Record, 2333, 27–36. doi: 10.3141/2333-04
   Web of Science ®Google Scholar
• Sovacool, B. K. (2011). The policy challenges of tradable credits: A critical review of eight markets. Energy Policy, 39(2), 575–585. doi: 10.1016/j.enpol.2010.10.029
   Web of Science ®Google Scholar
• Tian, L. J., Yang, H., & Huang, H. J. (2013). Tradable credits schemes for managing bottleneck congestion and modal split with heterogeneous users. Transportation Research Part E, 54(8), 1–13. doi: 10.1016/j.tre.2013.04.002
   Google Scholar
• Tripp, J. T. B., & Dudek, D. J. (1989). Institutional guidelines for designing successful transferable rights programs. Yale Journal on Regulation, 6, 369–391.
   Google Scholar
• Verhoef, E., Nijkamp, P., & Rietveld, P. (1997). Tradable permits: Their potential in the regulation of road transport externalities. Environment and Planning B: Planning and Design, 24(4), 527–548. doi: 10.1068/b240527
   Web of Science ®Google Scholar
• Vickrey, W. (1969). Congestion theory and transport investment. The American Economic Review, 59(2), 251–261.
   Web of Science ®Google Scholar
• Victorian Auditor-General's Office. (2013). Managing traffic congestion. Victorian Auditor-General's report. Author. Retrieved from http://www.audit.vic.gov.au/publications/20130417-Managing-Traffic-Congestion/20130417-Managing-Traffic-Congestion.html
   Google Scholar
• Wang, G. M., Gao, Z. Y., & Xu, M. (2013). An MPEC formulation and its cutting constraint algorithm for continuous network design problem with multi-user classes. Applied Mathematical Modelling. Available online.
   Web of Science ®Google Scholar
• Wang, G. M., Gao, Z. Y., Xu, M., & Sun, H. J. (2014). Models and a relaxation algorithm for continuous network design problem with a tradable credits scheme and equity constraints. Computers & Operations Research, 41(1), 252–261. doi: 10.1016/j.cor.2012.11.010
   Web of Science ®Google Scholar
• Wang, X. L., Yang, H., Zhu, D. L., & Li, C. M. (2012). Tradable travel credits for congestion management with heterogeneous users. Transportation Research Part E, 48(2), 426–437. doi: 10.1016/j.tre.2011.10.007
   Google Scholar
• Watters, H., & Tight, M. (2007). Designing an emission trading scheme suitable for surface transport. Working paper. Leeds: Institute for Transportation Studies, University of Leeds.
   Google Scholar
• Weitzman, M. L. (1974). Prices versus quantities. Review of Economic Studies, 41, 477–491. doi: 10.2307/2296698
   Web of Science ®Google Scholar
• Wu, D., Yin, Y. F., Lawphongpanich, S., & Yang, H. (2012). Design of more equitable congestion pricing and tradable credits schemes for multimodal transportation networks. Transportation Research Part B, 46(9), 1273–1287. doi: 10.1016/j.trb.2012.05.004
   Google Scholar
• Xiao, F., Qian, Z., & Zhang, H. M. (2013). Managing bottleneck congestion with tradable credits. Transportation Research Part B, 56, 1–14. doi: 10.1016/j.trb.2013.06.016
   Google Scholar
• Xu, M., & Gao, Z. Y. (2011, September). Tackling congestion and traffic-related pollution in urban areas with trip based tradable driving rights. Presented at workshop the application of operations research in transport, Technical University, Delft, the Netherlands.
   Google Scholar
• Xu, M., Ceder, A., Gao, Z.Y., & Guan, W. (2010). Mass transit systems of Beijing: governance evolution and analysis. Transportation, 37(5), 709–729.
   Google Scholar
• Yang, H., & Wang, X. L. (2011). Managing network mobility with tradable credits. Transportation Research Part B, 45(3), 580–594. doi: 10.1016/j.trb.2010.10.002
   Google Scholar
• Zhang, X. N., Yang, H., & Huang, H. J. (2011). Improving travel efficiency by parking permits distribution and trading. Transportation Research Part B, 45(7), 1018–1034. doi: 10.1016/j.trb.2011.05.003
   Google Scholar