About the Project
The concept of efficient network capacity pricing is well established in wholesale electricity markets. Efficient road use pricing, however, has become feasible only recently due to the availability of technology allowing, in real time, the communication of user preferences and the optimisation of transport routes. The established tools of energy commodity trading, such as continuous portfolio optimisation, can then be deployed in the setting of a road system. In particular, innovative approaches to road capacity allocation, including a tradable credit scheme or ride-sharing services, have the potential to transform the overarching framework of urban mobility. Moreover, purpose-built apps expand route choice and assist the risk mitigation of accidents and pollution, and appropriate laws, regulations, and spatial or temporal markets are established to support novel approaches to financing. There is, therefore, a genuine prospect not only for the provision of timely and convenient transportation services, but also for the education of road users on climate change adaption benefits. Given the relative propensities for market or state failure, how could society reckon the net benefits of alternative policies for road capacity allocation, such as the creation of markets, the imposition of Pigouvian taxes, or the establishment of command-and-control regulation?
For informal enquiries about the project, contact Dr Rafael Emmanuel Macatangay ([email protected])
For general enquiries about the University of Dundee, contact [email protected]
Applicants must have obtained a 2.1 UK honours degree or higher in a relevant discipline, or equivalent for degrees obtained outside the UK. Applicants should normally have a good taught Masters degree (e.g. an average of B or higher) or equivalent in a relevant discipline from a recognised university.
English language requirement: IELTS (Academic) score must be at least 6.5 (with not less than 5.5 in each of the four components). Other, equivalent qualifications will be accepted. Full details of the University’s English language requirements are available online: http://www.dundee.ac.uk/guides/english-language-requirements.
Step 1: Email Dr Rafael Emmanuel Macatangay ([email protected]) to (1) send a copy of your CV and (2) discuss your potential application and any practicalities (e.g. suitable start date).
Step 2: After discussion with Dr Macatangay, formal applications can be made via UCAS Postgraduate. When applying, please follow the instructions below:
Apply for the Doctor of Philosophy (PhD) degree in the Centre for Energy, Petroleum and Mineral Law and Policy: https://digital.ucas.com/coursedisplay/courses/d62f054d-7fcd-a6b9-5cdf-ef709bccc45e. Select the start date and study mode (full-time/part-time) agreed with the lead supervisor.
In the ‘provider questions’ section of the application form:
- Write the project title and ‘FindAPhD.com’ in the ‘if your application is in response to an advertisement’ box;
- Write the lead supervisor’s name and give brief details of your previous contact with them in the ‘previous contact with the University of Dundee’ box.
In the ‘personal statement’ section of the application form, outline your suitability for the project selected.
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Cramton P, Geddes R, Ockenfels A (2019) “Markets for Road Use: Eliminating Congestion through Scheduling, Routing, and Real-Time Road Pricing” University of Maryland working paper, 15 April 2019
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Xiao L, Huang H-J, Liu R (2015) “Tradable credit scheme for rush hour travel choice with heterogeneous commuters” Advances in Mechanical Engineering 7(10) 1-12 https://10.1177/1687814015612430
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