Dynamic road pricing and the value of time and reliability

DA Brent, A Gross - Journal of Regional Science, 2018 - Wiley Online Library
Abstract High Occupancy Toll (HOT) lanes that use dynamic pricing to manage congestion
and generate revenue are increasingly popular. In this paper, we estimate the behavioral …

HOT or not: Driver elasticity to price on the MnPASS HOT lanes

M Janson, D Levinson - Research in Transportation Economics, 2014 - Elsevier
Abstract The Minnesota Department of Transportation (MnDOT) has added MnPASS High
Occupancy Toll (HOT) lanes on two freeway corridors in the Twin Cities. While not the first …

Application of variable tolls on congested toll road

MW Burris - Journal of transportation engineering, 2003 - ascelibrary.org
This paper examines how different price elasticities of travel demand would impact traffic on
a toll road with a time-of-day variable toll rate. Price elasticities were derived from data …

Application of dynamic value pricing through enhancements to TRANSIMS

KS Lee, AG Hobeika - Transportation research record, 2007 - journals.sagepub.com
In the past decade, transportation agencies have become increasingly interested in a high-
occupancy toll (HOT) lane value pricing system, especially one with a dynamically varying …

Proactive and robust dynamic pricing strategies for high-occupancy-toll (HOT) lanes

D Michalaka, Y Lou, Y Yin - 2011 - trid.trb.org
Congestion pricing has been promoted by economists and transportation researchers as
one of the most efficient means to mitigate traffic congestion. When tolls implemented on …

Theoretical derivation of value of travel time and demand elasticity: Evidence from New Jersey Turnpike Toll Road

K Ozbay, O Yanmaz-Tuzel… - Transportation …, 2006 - journals.sagepub.com
Users' value of travel time (VOTT) and their responsiveness to toll changes (elasticity) for
different trip purposes in the presence of time-of-day pricing is explored for drivers on the …

Demand elasticity under time-varying prices: case study of day-of-week varying tolls on Golden Gate Bridge

JL Gifford, SW Talkington - Transportation Research Record, 1996 - journals.sagepub.com
One of the key issues in ascertaining the efficacy of various pricing schemes for managing
highway traffic levels is the sensitivity of highway users to prices. The development of …

A dynamic pricing strategy for high occupancy toll lanes

K Jang, K Chung, H Yeo - Transportation Research Part A: Policy and …, 2014 - Elsevier
Abstract High Occupancy Toll (HOT) lanes are emerging as a solution to the underutilization
of High Occupancy Vehicle (HOV) lanes and also a means to generate revenue for the State …

[PDF][PDF] High-Occupancy/Toll (HOT) Lanes and value pricing: A preliminary assessment

EH Lanes - ITE J, 1998 - Citeseer
ITE JOURNAL/JUNE 1998 31 light, most drivers will likely elect to stay in the general
purpose lanes and travel free. Conventional toll roads and traditional congestion pricing do …

Discrete choice models of traveler participation in differential time of day pricing programs

MW Burris, RM Pendyala - Transport Policy, 2002 - Elsevier
Tolls that vary based on time of day or congestion are gaining attention around the world as
a potential travel demand management strategy that can shift peak period travel to off peak …