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Pcoins for parking: a field experiment with tradable mobility permits

Author

Listed:
  • Devi Brands

    (Vrije Universiteit Amsterdam)

  • Erik Verhoef

    (Vrije Universiteit Amsterdam)

  • Jasper Knockaert

    (Vrije Universiteit Amsterdam)

Abstract

With congestion being one of the most important externalities in transportation, it remains important to investigate effective and politically feasible solutions for it. We have conducted an 8-week experiment with tradable mobility permits, specifically applied to the use of parking facilities at a Dutch employer. We combine actual mobility behaviour with trading behaviour and survey responses of participants and non-participating employees of the same company. We have analysed the choice to participate in a voluntary experiment, and the behavioural response to tradable permits. Our results provide suggestive evidence that active participants do adjust their behaviour as intended. Furthermore, participation takes less time than people anticipate, and permits are viewed as a fairer and better functioning alternative to paid parking.

Suggested Citation

  • Devi Brands & Erik Verhoef & Jasper Knockaert, 2021. "Pcoins for parking: a field experiment with tradable mobility permits," Tinbergen Institute Discussion Papers 21-029/VIII, Tinbergen Institute.
    • Handle: RePEc:tin:wpaper:20210029
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    References listed on IDEAS

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    1. Bao, Yue & Verhoef, Erik T. & Koster, Paul, 2019. "Regulating dynamic congestion externalities with tradable credit schemes: Does a unique equilibrium exist?," Transportation Research Part B: Methodological, Elsevier, vol. 127(C), pages 225-236.
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    Cited by:

    1. Jo-Ann Pattinson & Gillian Harrison & Caroline Mullen & Simon Shepherd, 2022. "Combining Tradable Credit Schemes with a New Form of Road Pricing: Producing Liveable Cities and Meeting Decarbonisation Goals," Sustainability, MDPI, vol. 14(14), pages 1-22, July.

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    More about this item

    JEL classification:

    • C93 - Mathematical and Quantitative Methods - - Design of Experiments - - - Field Experiments
    • R41 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Transportation: Demand, Supply, and Congestion; Travel Time; Safety and Accidents; Transportation Noise
    • R48 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Government Pricing and Policy

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