The impact of tradable rush hour permits on peak demand: evidence from an on-campus field experiment

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, the authors 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. The authors' 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.

• Record URL:
  https://doi.org/10.1016/j.trd.2023.103775
• Record URL:
  http://www.sciencedirect.com/science/article/pii/S1361920923001724
• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/issn/13619209
• Supplemental Notes:
  • © 2023 Elsevier Ltd. All rights reserved. Abstract reprinted with permission of Elsevier.
• Authors:
  • Geng, Kexin
  • Brands, Devi K
  • Verhoef, Erik T
  • Wang, Yacan
• Publication Date: 2023-7

Language

• English

Media Info

• Media Type: Web
• Features: References;
• Pagination: 103775
• Serial:
  • Transportation Research Part D: Transport and Environment
  • Volume: 120
  • Issue Number: 0
  • Publisher: Elsevier
  • ISSN: 1361-9209
  • Serial URL: http://www.sciencedirect.com/science/journal/13619209

Subject/Index Terms

• TRT Terms: Campus transportation; Field studies; Peak hour traffic; Pedestrians; Permits; Travel behavior; Travel demand
• Subject Areas: Highways; Pedestrians and Bicyclists; Safety and Human Factors;

Filing Info

• Accession Number: 01885281
• Record Type: Publication
• Files: TRIS
• Created Date: Jun 20 2023 10:09AM