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Title: Best Practices for Existing HOT Lanes and Conceptual Framework for Variably Priced Fully Tolled Facilities
Accession Number: 01623342
Record Type: Component
Abstract: Congestion pricing is an effective way to manage travel demand on transportation facilities. The most common form (and fastest growing) form of congestion pricing in the US are variably priced high occupancy/toll (HOT) facilities which run parallel to non-priced general purpose (GP) lanes. This paper reviews best practices among existing HOT lane facilities in the US, synthesizing a series of academic and agency expert interviews which address topics including tolling basis, toll update frequency, toll elasticity of demand, maximum and minimum pricing caps, occupancy restrictions, toll signage, facility access, and incident management. Furthermore, this paper proposes a tolling framework (based on expert insights discussed in best practices) for HOT facilities which do not have parallel GP lanes. This framework considers both the user preference for the predictability of a time-of-day pricing scheme as well as the flexibility of a dynamic pricing scheme to accommodate real-time fluctuations in traffic demand.
Supplemental Notes: This paper was sponsored by TRB committee ABE25 Standing Committee on Congestion Pricing. Alternate title: Best Practices for Existing High-Occupancy-Toll Lanes and Conceptual Framework for Variably Priced Fully Tolled Facilities.
Monograph Title: Monograph Accession #: 01618707
Report/Paper Numbers: 17-03763
Language: English
Corporate Authors: Transportation Research Board 500 Fifth Street, NW Authors: Ye, MengmengChen, T DonnaPagination: 14p
Publication Date: 2017
Conference:
Transportation Research Board 96th Annual Meeting
Location:
Washington DC, United States Media Type: Digital/other
Features: Figures; References; Tables
Geographic Terms: Subject Areas: Finance; Highways; Operations and Traffic Management; Planning and Forecasting
Source Data: Transportation Research Board Annual Meeting 2017 Paper #17-03763
Files: PRP, TRIS, TRB, ATRI
Created Date: Dec 8 2016 11:26AM
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