Koh, Winston T. H.; Lee, David K. C. - In: Transportation Research Part A: Policy and Practice 28 (1994) 1, pp. 31-47
This paper reviews the developments since the vehicle quota system was introduced in Singapore in May 1990. We discuss the bidding strategies for the certificates of entitlement (COE) under both the transferable and nontransferable auctions, as well as the equity of the present system and the...