Freeway Service Patrols: A Stated Preference Analysis of Insurance Values
AbstractHighway assistance services, also called the freeway service patrols (FSPs), are one of the main approaches used by incident management programs. The objective of this study was to investigate the factors that contribute to people choosing to rely on the highway assistance services (FSP) in comparison to private assistance services such as the Automobile Association of America (AAA). Further the effectiveness of the Freeway Service Patrol was studied by carrying out a Benefit-Cost Analysis using Los Angeles as a test case. The results indicate that the probability that an individual would choose to depend on the highway assistance services depends on the key attributes like the annual fee of the program, the fee at the time of assistance, the time of waiting for assistance and cost of breakdown. The B/ C ratio for the Los Angeles FSP was calculated to be 5.91.
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Bibliographic InfoPaper provided by University of Minnesota: Nexus Research Group in its series Working Papers with number 200410.
Date of creation: 2004
Date of revision:
Publication status: Published in Assessing the Benefits and Costs of Intelligent Transportation Systems (David Gillen and David Levinson (co-editors)) Kluwer Publishers.
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Freeway Service Patrols; Evaluation; Insurance; Mobility.;
Find related papers by JEL classification:
- R41 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Transportation: Demand, Supply, and Congestion
- R48 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Government Pricing and Policy
- H42 - Public Economics - - Publicly Provided Goods - - - Publicly Provided Private Goods
- C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior
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- Skabardonis, Alexander & Noeimi, Hisham & Petty, Karl & Rydzewski, Dan & Varaiya, Pravin & Al-deek, Haitham, 1995. "Freeway Service Patrol Evaluation," Institute of Transportation Studies, Research Reports, Working Papers, Proceedings qt36r1t2m2, Institute of Transportation Studies, UC Berkeley.
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