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Mode choice behavior in a tradable mobility credit scheme: A stated-preference experiment

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  • Álvarez-Ossorio Martínez, Santiago
  • Schatzman, Thomas
  • Loder, Allister
  • Axhausen, Kay W.
  • Bogenberger, Klaus

Abstract

Tradable Mobility Credit (TMC) schemes are considered a promising policy instrument to mitigate the production of transport externalities while enhancing equity and preserving social acceptance. Nevertheless, research lacks a disaggregated analysis of their potential impacts on mode choice, while the empirical user behavior has remained largely unstudied. We address this gap by presenting the results of the first large-scale stated-preference (SP) experiment examining the complex trade-offs between travel time, internal and external travel costs, and other level-of-service attributes in a multimodal TMC scheme. Using multinomial logit models, we derive the value of travel time (VTT) and the own- and cross-elasticities under such a scheme to discuss policy implications.

Suggested Citation

  • Álvarez-Ossorio Martínez, Santiago & Schatzman, Thomas & Loder, Allister & Axhausen, Kay W. & Bogenberger, Klaus, 2025. "Mode choice behavior in a tradable mobility credit scheme: A stated-preference experiment," Transportation Research Part A: Policy and Practice, Elsevier, vol. 199(C).
    • Handle: RePEc:eee:transa:v:199:y:2025:i:c:s0965856425001983
    DOI: 10.1016/j.tra.2025.104570
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