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Title: The Impact of Incentives on Managed Lane Travel
Accession Number: 01623347
Record Type: Component
Abstract: The use of managed lanes to control and maximize freeway throughput is increasing. One way of encouraging more managed lane use is through the implementation of incentives. In the Dallas-Fort Worth area, a managed lane is being added to the I-30 (Tom Landry freeway) and incentives to maximize the use of this lane were planned. Since the managed lanes were not yet open and the incentives were hypothetical, a stated preference survey was used to gauge the potential impact of the incentives on traveler behavior. The stated preference questions were designed using Db-efficient and random adaptive designs. The incentives were chosen by looking at other programs around the country and through discussion with transportation experts. Once ready, the survey was administered online to travelers in the area and a total of 898 usable responses were gathered. From the responses, a mixed-logit model was developed to describe and predict traveler behavior. From the model, elasticities were calculated to predict the impact of the incentives on mode choice. The model found that incentives with discounts and free trips (a transit fare discount, express bus service to downtown, a free trip for every X number of paid trips, and a discount offered to select businesses) were more effective at encouraging managed lane use. The other incentives (gift card worth $5 for every X number of trips and $5 in credit for every X number of trips taken by transit) had less of an impact.
Supplemental Notes: This paper was sponsored by TRB committee AHB35 Standing Committee on Managed Lanes. Alternate title: Impact of Incentives on Managed Lane Travel.
Monograph Title: Monograph Accession #: 01618707
Report/Paper Numbers: 17-04468
Language: English
Corporate Authors: Transportation Research Board 500 Fifth Street, NW Authors: Han, Namoo ABurris, Mark WPagination: 19p
Publication Date: 2017
Conference:
Transportation Research Board 96th Annual Meeting
Location:
Washington DC, United States Media Type: Digital/other
Features: Figures; References; Tables
TRT Terms: Geographic Terms: Subject Areas: Economics; Highways; Operations and Traffic Management
Source Data: Transportation Research Board Annual Meeting 2017 Paper #17-04468
Files: PRP, TRIS, TRB, ATRI
Created Date: Dec 8 2016 11:43AM
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