Tradable Network Permits : A New Scheme for the Most Efficient Use of Network Capacity

@inproceedings{Akamatsu2007TradableNP,
  title={Tradable Network Permits : A New Scheme for the Most Efficient Use of Network Capacity},
  author={Takashi Akamatsu},
  year={2007}
}
Akamatsu et al.(2006) proposed a new transportation demand management scheme called “tradable bottleneck permits” (TBP), and proved its efficiency properties for a single bottleneck model. This paper explores the properties of a TBP system for general networks. An equilibrium model is first constructed to describe the states under the TBP system. It is proved that equilibrium resource allocation is efficient in the sense that the total transportation cost in a network is minimized. Theoretical… CONTINUE READING