Trip mode and travel pattern impacts of a Tradable Credits Scheme: A case study of Beijing

We examine how trip mode and travel pattern of travelers are influenced by a given Tradable Credits Scheme (TCS). An analysis framework is proposed to investigate the effects of a basic TCS. Using a simulation analysis and case study from the Beijing municipality, we demonstrate that a TCS can achieve a target for reducing the expected car kilometers. The research demonstrates that a TCS will have an effect on travelers’ mode choice. However, it is likely to have only a minor effect on the overall travel pattern in terms of OD movements.