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

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

Transportation Research Part A: Policy and Practice, 2025, vol. 199, issue C

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.

Keywords: Tradable credit scheme; Tradable mobility credits; Discrete mode choice experiment; Choice modeling (search for similar items in EconPapers)
Date: 2025
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DOI: 10.1016/j.tra.2025.104570

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