Buying into the Bypass: Allowing Trucks to pay to use the Ramp Meter Bypasses
AbstractPeople make their route choices based on the delays they experience but not on the delays they impose on others. Moreover different travelers have different values of time. Road Pricing can be seen as the means to optimize the use of a roadway by charging each traveler the cost he imposes on others. This paper analyzes the opening of an HOV ramp meter bypass to trucks that pay a toll. Trucks are similar to HOV as both have a higher value of time than a single occupant car. Thus, by saving time for these vehicles the system stands to gain. The toll to be set was estimated under three scenarios Â user benefit maximization, profit maximization and system benefit maximization. A queue was simulated, and based on the decision criteria the optimal toll was determined. It is found that to maximize the system welfare, the high Value of Time vehicles like trucks should be allowed to use the bypass for free, but that raises some equity and operational issues. However a toll that allows trucks to use the bypass improves the welfare over simply prohibiting the trucks from the bypass.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by University of Minnesota: Nexus Research Group in its series Working Papers with number 200302.
Date of creation: 2003
Date of revision:
Publication status: Published in Journal of the Transportation Research Forum in Transportation Quarterly 57(1), Winter 2003 (81-92)
Contact details of provider:
Postal: Dept. of Civil Engineering, 500 Pillsbury Drive SE, Minneapolis, MN 55455
Phone: +01 (612) 625-6354
Fax: +01 (612) 626-7750
Web page: http://nexus.umn.edu
More information through EDIRC
Trucks; HOV; Ramp Meter; Pricing .;
Find related papers by JEL classification:
- R40 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Systems - - - General
- R41 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Systems - - - Transportation: Demand, Supply, and Congestion
- R48 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Systems - - - Government Pricing and Policy
- D20 - Microeconomics - - Production and Organizations - - - General
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (David Levinson).
If references are entirely missing, you can add them using this form.