Empirical evidence from the Greater Toronto Area on the acceptability and impacts of HOT lanes
This paper describes a study on willingness to pay (WTP) and public acceptability for High-Occupancy/Toll (HOT) lanes using empirical evidence from Toronto, Ontario, Canada. From a stated preference survey of more than 250 drivers, we estimate mean willingness to pay values under various trip conditions and for various traveler characteristics. The study provides statistically significant evidence on the relationships between willingness to pay and the improvement in travel speeds in HOT lanes, the length of the trip, and the urgency of on-time arrival. Furthermore, our study confirms several literature findings from previous studies on the relationship between travelers' willingness to pay and income as well as prior experience with HOT lanes. Some of the findings are qualitatively validated on the basis of the observed travel behavior in choosing tolled facilities over untolled facilities during periods of heightened congestion and urgency.
Volume (Year): 18 (2011)
Issue (Month): 6 (November)
|Contact details of provider:|| Web page: http://www.elsevier.com/wps/find/journaldescription.cws_home/30473/description#description|
|Order Information:|| Postal: http://www.elsevier.com/wps/find/supportfaq.cws_home/regional|
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Dahlgren, Joy, 2002. "High-occupancy/toll lanes: where should they be implemented?," Transportation Research Part A: Policy and Practice, Elsevier, vol. 36(3), pages 239-255, March.
- Yang, Hai & Huang, Hai-Jun, 1999. "Carpooling and congestion pricing in a multilane highway with high-occupancy-vehicle lanes," Transportation Research Part A: Policy and Practice, Elsevier, vol. 33(2), pages 139-155, February.
- Kenneth A. Small & Clifford Winston & Jia Yan, 2005. "Uncovering the Distribution of Motorists' Preferences for Travel Time and Reliability," Econometrica, Econometric Society, vol. 73(4), pages 1367-1382, 07.
- Levine, Jonathan & Garb, Yaakov, 2002. "Congestion pricing's conditional promise: promotion of accessibility or mobility?," Transport Policy, Elsevier, vol. 9(3), pages 179-188, July.
- Podgorski, Kaethe V. & Kockelman, Kara M., 2006. "Public perceptions of toll roads: A survey of the Texas perspective," Transportation Research Part A: Policy and Practice, Elsevier, vol. 40(10), pages 888-902, December.
When requesting a correction, please mention this item's handle: RePEc:eee:trapol:v:18:y:2011:i:6:p:814-824. See general information about how to correct material in RePEc.
If references are entirely missing, you can add them using this form.