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Freeway Service Patrols: A Stated Preference Analysis of Insurance Values

Author

Listed:
  • Pavithra Parthasarathi
  • David Levinson

    () (Nexus (Networks, Economics, and Urban Systems) Research Group, Department of Civil Engineering, University of Minnesota)

Abstract

Highway 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.

Suggested Citation

  • Pavithra Parthasarathi & David Levinson, 2004. "Freeway Service Patrols: A Stated Preference Analysis of Insurance Values," Working Papers 200410, University of Minnesota: Nexus Research Group.
  • Handle: RePEc:nex:wpaper:fsp
    as

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    File URL: http://hdl.handle.net/11299/179876
    File Function: First version, 2007
    Download Restriction: no

    References listed on IDEAS

    as
    1. Skabardonis, Alexander & Petty, Karl & Varaiya, Pravin & Bertini, Robert, 1998. "Evaluation Of The Freeway Service Patrol ( F S P ) In Los Angeles," Institute of Transportation Studies, Research Reports, Working Papers, Proceedings qt3920p806, Institute of Transportation Studies, UC Berkeley.
    2. 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.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Freeway Service Patrols; Evaluation; Insurance; Mobility.;

    JEL classification:

    • R41 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Transportation: Demand, Supply, and Congestion; Travel Time; Safety and Accidents; Transportation Noise
    • 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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