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Explore a comprehensive lecture on achieving equity in market-based congestion mitigation policies. Delve into the challenges of implementing congestion pricing and its perceived inequality issues. Examine innovative approaches to address equity concerns, including second-best pricing schemes and tradable mobility credits. Learn how these strategies can lead to fairer distribution of benefits from congestion reduction and potentially increase public acceptance. Discover the potential of tradable credits to control welfare effects on individuals through strategic credit distribution. Gain insights from Yafeng Yin of the University of Michigan as he presents at IPAM's Mathematical Foundations for Equity in Transportation Systems Workshop.
