Innovative Policies for Mobility and Uncertainty
In her research, Kexin Geng examined the effectiveness of tradable mobility permits and people's travel behavior under travel time uncertainty.
Her research confirms that tradable permits, an innovative economic policy tool, work effectively in practice and present a viable alternative to congestion charges. This instrument may also enjoy higher public acceptance. However, in situations involving traffic uncertainties and broader societal impacts, a rigid permit system does not always outperform traditional pricing policies.
Furthermore, Geng demonstrates that travelers exhibit diverse attitudes toward travel time uncertainty, depending on the context and mode of transportation. This insight helps policymakers better incorporate behavioral preferences and psychological biases into policy design and evaluation.
More information on the thesis
