Traffic congestion control : a comparative analysis of tradable permits and road tolls
department or school: Business, Sauder School of
data provider: DSpace
degree campus: UBCV
creator: Rezaeinia, Pouya
issued: 2021-05-13T16:45:57Z
issued: 2021
related degree: Master of Science in Business - MScB
degree grantor: University of British Columbia
description: Tradable permits have been proposed in the literature as a tool for controlling road traffic congestion. Unlike with tolls, travelers in aggregate do not incur net out- of-pocket costs if permits are distributed free. Moreover, if travel conditions do not change, tradable permits can be designed to support the same traffic flows as tolls. However, the two instruments are no longer equivalent if conditions fluctuate and neither permit quantities nor toll levels can be adjusted accordingly. In this thesis, we evaluate the efficiency of tradable permits and road tolls in controlling traffic congestion during a morning peak travel period on a stylized urban road network with daily commuters who travel from their homes to their workplaces. We compare the economic efficiency of the two instruments when road link capacities are susceptible to reductions due to incidents, bad weather, road repairs or other shocks. We apply the dynamic traffic network simulator METROPOLIS in which travelers make mode, departure time and route choice decisions. Fixed permit quantities and toll levels are chosen to control the number of vehicle trips crossing a cordon into the city centre with the goal of maximizing welfare defined by expected social surplus. Simulations are performed for a range of scenarios in which road capacities are correlated or uncorrelated, and suffer reductions of varying magnitude. Most of our analysis suggests that road tolls outperform tradable permits. However, in some instances tradable permits do better; in particular, when the road links that bypass the centre of the network experience capacity fluctuations.
aggregated CHO: https://circle.library.ubc.ca/rest/handle/2429/78332
note: Traffic Congestion Control: A Comparative Analysis ofTradable Permits and Road TollsbyPouya RezaeiniaA THESIS SUBMITTED IN PARTIAL FULFILLMENTOF THE REQUIREMENTS FOR THE DEGREE OFMaster of Science in BusinessinTHE FACULTY OF GRADUATE AND POSTDOCTORALSTUDIES(Transportation and Logistics)The University of British Columbia(Vancouver)May 2021© Pouya Rezaeinia, 2021The following individuals certify that they have read and recommended to the Fac-ulty of Graduate and Postdoctoral Studies for acceptance, the thesis entitled:Traffic Congestion Control: A Comparative Analysis of Tradable Per-mits and Road Tollssubmitted by Pouya Rezaeinia in partial fulfillment of the requirements for thedegree of Master of Science in Business in Transportation and Logistics.Examining Committee:Robin Lindsey, Professor, Transportation and Logistics, UBCSupervisorAnming Zhang, Professor, Transportation and Logistics, UBCSupervisory Committee MemberWei Li, Associate Professor, Department of Economics, UBCAdditional ExamineriiAbstractTradable permits have been proposed in the literature as a tool for controlling roadtraffic congestion. Unlike with tolls, travelers in aggregate do not incur net out-of-pocket costs if permits are distributed free. Moreover, if travel conditions donot change, tradable permits can be designed to support the same traffic flows astolls. However, the two instruments are no longer equivalent if conditions fluctuateand neither permit quantities nor toll levels can be adjusted accordingly. In thisthesis, we evaluate the efficiency of tradable permits and road tolls in controllingtraffic congestion during a morning peak travel period on a stylized urban roadnetwork with daily commuters who travel from their homes to their workplaces.We compare the economic efficiency of the two instruments when road link ca-pacities are susceptible to reductions due to incidents, bad weather, road repairsor other shocks. We apply the dynamic traffic network simulator METROPOLISin which tr…
has type: Thesis/Dissertation
date issued: 2021-11
is shown at: 10.14288/1.0397476
language: eng
degree discipline: Business Administration - Transportation and Logistics
provider: Vancouver : University of British Columbia Library
publisher: University of British Columbia
rights: Attribution-NonCommercial-NoDerivatives 4.0 International
rights URI: http://creativecommons.org/licenses/by-nc-nd/4.0/
scholar level: Graduate
contributor: Lindsey, Robin, 1955-
type: Text
identifier URI: http://hdl.handle.net/2429/78332