This article deals with the feasibility of a tradable emission permit system (TEPs) for urban motorists. The objective is to develop a new microeconomic theoretical model to reduce urban pollution. We suppose that the city's regulating authority sets up a tradable emission permit system based on...

This paper considers potential use of domestic transferable, or tradable, permit systems for the purposes of travel management, especially reducing environmental nuisances. The main arguments for and against the use of permits are analyzed. Secondly two case studies of existing permit systems...