Séminaire LICIT-ECO7 (présentiel - ENTE - inscription préalable) : Using tradable permits to manage urban traffic congestion

Professor Erif Verhoef
Full professor in Spatial Economics at VU Amsterdam and research fellow at the Tinbergen Institute

En présentiel : "Amphi du haut", ENTPE, 3 rue Maurice Audin, Vaulx-en-Velin

Inscription préalable : https://evento.renater.fr/survey/challenges-for-introducing-alternatives-to-urban-tolls-entpe-02-05-2023-u4dzjy79

Résumé + biographie de l'orateur au format pdf

Congestion, safety, and emissions from automobile traffic are and remain among the key challenges that urban governments face. The classic economic solution of applying road pricing, as first advocated in the 1920’s by Pigou, is widely considered to be efficient, effective but extremely hard to implement due to limited acceptability. This has spurred interest in more acceptable price instruments to manage traffic externalities. Tradable permits are one of these. In this keynote, the main economic aspects of this instrument will be assessed, including the key design issues and the determinants of the main impacts, and experimental results will be presented.