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This paper examines the variation in the value of travel time savings (VTTS) for travelers with a managed lane (ML) option when taking an ordinary trip versus a trip that is unusual in some way. VTTS estimates vary substantially depending on the urgency of the trip made. At the low end, the mean...
Persistent link: https://www.econbiz.de/10010624023
This research examined travel behavior of Managed Lane (ML) users to better understand the value travelers place on travel time savings and travel time reliability. We also highlight the importance of survey design techniques. These objectives were accomplished through a stated preference survey...
Persistent link: https://www.econbiz.de/10010599298
Managed lane (ML) travel adds flexibility, but also complexity, to travel choices. Stated choice models (SCMs) are often used for modeling complex transportation choices such as these in an effort to predict demand for these travel options. The design methods for SCMs have evolved from simple...
Persistent link: https://www.econbiz.de/10009142880