Multi-period equilibrium modeling planning framework for tradable credit schemes

This study proposes the concept of multi-period tradable credit scheme (TCS) for a planning context. In it, travelers determine their actions in terms of consumption or sale of credits in the current period or transfer to future periods. In the first scheme, travelers can transfer credits to future periods without penalty. In the second scheme, the effects of two regulatory instruments are investigated on the market behavior. Study insights suggest that a multi-period TCS dampens credit price volatility. It allows the central authority to develop TCSs with stable credit prices in which travelers can hedge against potential monetary losses.

• Record URL:
  • https://doi.org/10.1016/j.tre.2016.05.013
• Record URL:
  • http://www.sciencedirect.com/science/article/pii/S1366554516302125
• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/issn/13665545
• Supplemental Notes:
  • Abstract reprinted with permission of Elsevier.
• Authors:
  • Miralinaghi, Mohammad
  • Peeta, Srinivas
• Publication Date: 2016-9

Language

• English

Media Info

• Media Type: Web
• Features: Figures; References; Tables;
• Pagination: pp 177-198
• Serial:
  • Transportation Research Part E: Logistics and Transportation Review
  • Volume: 93
  • Publisher: Elsevier
  • ISSN: 1366-5545
  • Serial URL: http://www.sciencedirect.com/science/journal/13665545

Subject/Index Terms

• TRT Terms: Credit; Economic equilibrium; Planning; Prices; Travelers
• Uncontrolled Terms: Equilibrium models
• Subject Areas: Finance; Planning and Forecasting; Transportation (General);

Filing Info

• Accession Number: 01611335
• Record Type: Publication
• Files: TRIS
• Created Date: Sep 23 2016 11:16AM