Geng, K., Brands, D.K., Verhoef, E.T. et al. (1 more author) (2023) The impact of tradable rush hour permits on peak demand: evidence from an on-campus field experiment. Transportation Research Part D: Transport and Environment, 120. 103775. ISSN 1361-9209
Abstract
Tradable permits have received growing attention as a new travel demand management intervention to manage rush-hour travel behavior and related negative social, economic, and environmental impacts. This study provides the first real-life evidence of tradable permits’ ability to manage actual scheduling decisions in a congested morning peak. By conducting a 2-week field experiment with 91 students in Beijing, we investigate the effectiveness of the tradable permit scheme in terms of reducing “rush-hour” breakfasts, as well as the trading behavior of participants. The results of nested logit models show that the tradable permit scheme significantly reduces rush-hour breakfasts by about 20%. These results are robust to controlling for other factors, such as individual, commuting, attitudes, game- and market-related characteristics. Our results further suggest that participants are not perfectly rational when responding to the tradable permit scheme. This study informs policymakers regarding the design and implementation of a tradable rush hour permit scheme.
Metadata
Item Type: | Article |
---|---|
Authors/Creators: |
|
Copyright, Publisher and Additional Information: | © 2023, Elsevier. This manuscript version is made available under the CC-BY-NC-ND 4.0 license http://creativecommons.org/licenses/by-nc-nd/4.0/. This is an author produced version of an article published in Transportation Research Part D: Transport and Environment. Uploaded in accordance with the publisher's self-archiving policy. |
Keywords: | Tradable permits, Field experiment, Behavioral response, Nested logit model |
Dates: |
|
Institution: | The University of Leeds |
Academic Units: | The University of Leeds > Faculty of Environment (Leeds) > School of Earth and Environment (Leeds) |
Depositing User: | Symplectic Publications |
Date Deposited: | 19 Mar 2025 11:44 |
Last Modified: | 20 Mar 2025 13:57 |
Published Version: | https://www.sciencedirect.com/science/article/pii/... |
Status: | Published |
Publisher: | Elsevier |
Identification Number: | 10.1016/j.trd.2023.103775 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:224577 |
Download
Filename: breakfast_permit_GengBrandVerhoefWang.pdf
Licence: CC-BY-NC-ND 4.0