Personal mobility carbon credits trading schemes considering dynamic price evolution

Considering the subway, private cars, and cycling, the Personal Mobility Carbon Credits Trading scheme is explored in a super network with homogeneous travelers to discuss the impact on travel mode split rate and system carbon emissions. The Personal Mobility Carbon Credits Trading scheme includes the travel route choice behavior and the dynamic credits price evolution, which affect each other. The former is modeled in a super network. The Dial-MSA algorithm is used for flow distribution, and the results are fed back to the dynamic credits price evolution model. Accordingly, the result of dynamic credits price evolution, in turn, affects travel cost and finally governs the result of traffic flow allocation. The results show that the system will reach a stable state in a finite time range. The convergent equilibrium price has nothing to do with the initial price but is related to the number of total credits and the credits allocation scheme. Compared with the equivalent distribution scheme, proportional distribution is more equitable.