Congestion Control and Vehicle Ownership Restriction: The Choice of an Optimal Quota Policy

• المؤلف الرئيسي: Koh, Winston T. H.
• التنسيق: text
• اللغة: English
• منشور في: Institutional Knowledge at Singapore Management University 2004
• الموضوعات: Asian Studies; Behavioral Economics; Policy Design, Analysis, and Evaluation; Transportation
• الوصول للمادة أونلاين: https://ink.library.smu.edu.sg/soe_research/86

Singapore introduced a vehicle quota system (VQS) in 1990 as part of its overall policy to control urban congestion. While the VQS has reduced the annual growth rate of the vehicle population to about 3 per cent, it has created uncertainty in the cost of vehicle ownership due to the fluctuations in...