From urban congestion pricing to tradable mobility credits: a review

Congestion is still a big challenge for urban mobility while vehicle sharing, eCommerce and autonomous vehicles will likely increase the unit veh-km of each vehicle and the density of vehicles moving on the streets. Urban vehicle congestion pricing schemes have been taken as effective solutions to t...

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Bibliographic Details
Authors: Li, Siyu|||0000-0002-8060-7712, Robusté Antón, Francesc|||0000-0001-9433-5386
Format: article
Publication Date:2021
Country:España
Institution:Universitat Politècnica de Catalunya (UPC)
Repository:UPCommons. Portal del coneixement obert de la UPC
Language:English
OAI Identifier:oai:upcommons.upc.edu:2117/368385
Online Access:https://hdl.handle.net/2117/368385
https://dx.doi.org/10.1016/j.trpro.2021.11.088
Access Level:Open access
Keyword:Congestion pricing--Europe
Urban mobility
Traffic congestion
Congestion pricing
Tradable mobility credits
Circulació -- Congestió -- Europa
Àrees temàtiques de la UPC::Enginyeria civil::Infraestructures i modelització dels transports::Transport urbà
Description
Summary:Congestion is still a big challenge for urban mobility while vehicle sharing, eCommerce and autonomous vehicles will likely increase the unit veh-km of each vehicle and the density of vehicles moving on the streets. Urban vehicle congestion pricing schemes have been taken as effective solutions to this problem. This paper first reviews the research and application cases of urban congestion pricing through recent years, although with the well-developed theoretical basis and successful practices in Singapore, London, Stockholm, Milan, etc., public acceptance and equity concerns are still the main issues for such policies’ implementation. To circumvent the shortcomings of congestion pricing, a scheme of tradable mobility credits is proposed as an alternative. As travellers are distributed mobility credits within a specific urban area, which are allowed to be traded, those with low vehicle-using demands can sell their credits to those with more demands. Therefore with this scheme, people have the initiative to reduce the use of vehicles. This paper reviews the studies on this new urban mobility management strategy and compared it with ordinary congestion pricing schemes. Finally, we conclude the gap and possible directions for future works.