Tradable credit scheme for mobility management considering travelers’ loss aversion

Bao, Yue; Gao, Ziyou; Xu, Meng; Yang, Hai

doi:10.1016/j.tre.2014.05.007

Cited by 69 publications

(41 citation statements)

References 36 publications

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“…Other studies have theoretically explored TDC schemes from a mathematical perspective by modelling traffic flows and times under different credit allocation and traveller assumptions (e.g., Yang and Wang, 2011;Nie, 2012;Xiao et al, 2013;Bao et al, 2014). However, until now, little effort has been made to investigate drivers' responses to TDC schemes at the individual level.…”

Section: Introductionmentioning

confidence: 99%

Behavioural effects of a tradable driving credit scheme: Results of an online stated adaptation experiment in the Netherlands

Dogterom

Ettema

Dijst

2018

Transportation Research Part A: Policy and Practice

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A B S T R A C TThere is increasing interest in the application of tradable credit schemes in the context of personal travel. To anticipate the short-term effects of a distance-based tradable driving credit (TDC) scheme, an innovative stated adaptation experiment has been conducted. Using an activity-based approach, Dutch participants who frequently commute by car could reschedule their car-based activities and alter the travel pattern they reported in an online travel diary for a full week. This paper presents the results of model estimations that describe the likelihood of changing car use and the number of kilometres driven in response to two TDC scenarios. Reductions were larger for those who experienced a loss under the measure compared to those who could expect a gain. Participants who worked more hours and who lived in non-urban areas showed lower car use reduction levels, whereas participants with middle incomes and who were 18-25 years old showed higher reduction levels. A car dependency measure was added to the models to assess how these effects are related to the availability of car use alternatives.

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Section: Introductionmentioning

confidence: 99%

Behavioural effects of a tradable driving credit scheme: Results of an online stated adaptation experiment in the Netherlands

Dogterom

Ettema

Dijst

2018

Transportation Research Part A: Policy and Practice

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“…The corollary issues of asymmetries and hysteresis, or rather the underlining behavioral causes, have been widely studied in behavioral economics and transport discrete choice modeling literature. Asymmetric responses are caused by consumers weighing losses more than equivalent sized gains, which is attributed to loss aversion and is a specific aspect of reference dependence and the endowment effects (Bao et al, 2014;Hess et al, 2008;Hardie et al, 1993;Tversky and Kahneman et al, 1991). Hysteresis is applicable to transport demand, when there is resistance to change that stems from the tendency of acquiring consumption habits more easily than to abandoning them (Costa and Gerard, 2015;Sharmeen and Timmermans, 2014;Gärling and Axhausen, 2003;Dargay and Gatel, 1997).…”

Section: Introductionmentioning

confidence: 99%

Car Travel Demand: Spillovers and Asymmetric Price Effects in a Spatial Setting

Thanos

Kamargianni

Schäfer

2018

Transportation Science

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A novel analysis framework for the spatial aspects of car travel, measured by vehicle miles travelled (VMT), is introduced in this paper. The specification of a dynamic Spatial Durbin Model (SDM) enables the analysis of VMT spatial spillovers and diffusion between neighboring areas in the short and long-run. The framework is further developed to capture and introduce to a spatial setting potential asymmetry and hysteresis that can reflect reference dependence and habits. A panel dataset is compiled at sub-regional level, based on official car mileage recordings in England and Wales. In addition to the inelastic long-run responses of VMT to fuel price (-0.124) and income (0.116) changes, the results illustrate asymmetries and hysteresis in price elasticities with a significant spatial component. The impact magnitude on VMT from a number of factors, such as alternative fuel use, fuel deserts in rural areas, road network and car fleet characteristics, is also estimated. The results are consistent with the car use saturation hypothesis through the positive impact of motorization rate to VMT. The negative effect of public transport infrastructure on car travel is only significant in the spatial models. The paper demonstrates the applicability and importance of spatial econometrics in transport research.

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“…Given the ongoing growth of excessive car use demand in many urban contexts and the massive unpopularity of traditional pricing-based measures, together with the present availability of advanced and ubiquitous ICT technologies, the tradable credit approach for managing car mobility has been more vigorously researched in recent years. Yang and Wang's study (2011), which theoretically demonstrated that a tradable credits scheme leads to the most desirable network traffic flows in a revenue-neutral way under an appropriate credits allocation and correct link-specific charges, led to many other studies that analyze traffic patterns and credit price behavior under different user and market equilibrium assumptions (e.g., Wu, Yin, Lawphongpanich, & Yang, 2012;Wang, Yang, Zhu, & Li, 2012;Ye & Yang, 2013;Nie & Yin, 2013;Xiao, Qian, & Zhang, 2013;Bao, Gao, Xu, & Yang, 2014;Wang, Gao, Xu, & Sun, 2014). The focus of these studies therefore has largely been on macroscopic analysis.…”

Section: Introductionmentioning

confidence: 99%

Willingness to change car use under a tradable driving credits scheme: A comparison between Beijing and the Netherlands

Dogterom¹,

Xu²,

Bao³

et al. 2018

JTLU

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Abstract:Recent years have seen a surge of interest in the concept of tradable driving credits (TDC) as an alternative to road pricing and driving restriction measures. However, empirical research into drivers' responses to a TDC measure is limited and even lacking for the Chinese context where the concept of TDC has attracted considerable attention. This paper reports the results of a survey that was the first to investigate drivers' willingness to change car use under a hypothetical distance-based TDC measure in China (Beijing) and aimed to compare these results with the results of a comparative Dutch survey. We observed that willingness to change was considerably higher in Beijing than in the Netherlands and that a substantial share of Beijing car owners indicated an increase in car use. In both contexts, higher education and higher car use intensity had a positive effect on the willingness to change, whereas higher income had a negative effect. We found mixed results for household size, respondents' car attitudes, and TDC scenario characteristics.

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Tradable credit scheme for mobility management considering travelers’ loss aversion

Cited by 69 publications

References 36 publications

Behavioural effects of a tradable driving credit scheme: Results of an online stated adaptation experiment in the Netherlands

Behavioural effects of a tradable driving credit scheme: Results of an online stated adaptation experiment in the Netherlands

Car Travel Demand: Spillovers and Asymmetric Price Effects in a Spatial Setting

Willingness to change car use under a tradable driving credits scheme: A comparison between Beijing and the Netherlands

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