Information, Pricing, and Permits for Externality Management in Multimodal Urban Transport
Smarter transport policy requires more than just fewer cars
Reduced traffic congestion, cleaner air, and accessible public transport - cities are employing a variety of measures to make their transport systems more sustainable. Doctoral research by transport economist Zhiyuan Liang reveals that there is no single ideal solution. Traffic information, pricing mechanisms, and tradable permits can all be effective, but a measure that alleviates one problem may inadvertently create new ones elsewhere.
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More information on the thesis.