A comparative study of the tradable bottleneck permits scheme and congestion pricing policy

In recent years, various countries traffic scholars pay attention to the tradable bottleneck permits (TBP), as a new type of traffic demand management (TDM). And it was be proved by theory, that it can eliminate vehicle queuing phenomenon completely. This paper with the network traffic congestion, vehicle queue problem for objects, compares traffic congestion pricing (CP) and new type of tradable bottleneck permits (TBP) in base idea, suit objects, charges principle and correct charge of premise. The tradable bottleneck permits facing the problems in theory and in practical application were analyzed in this paper, and its development was prospected.