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Waterloo Public Transportation Initiative
Environment 1 352
Title | Empirical Evidence from the Greater Toronto Area on the Acceptability and Impacts of HOT Lanes |
Publication Type | Journal Article |
Year of Publication | 2011 |
Authors | Finkleman, J., J. M. Casello, and L. Fu |
Journal | Transport Policy |
Volume | 18 |
Issue | 6 |
Pagination | 814-824 |
Date Published | 11/2011 |
Keywords | Highway pricing, Ontario, Toronto, Willingness to pay |
Abstract | 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. |
URL | http://www.sciencedirect.com/science/article/pii/S0967070X11000771 |
DOI | 10.1016/j.tranpol.2011.05.002 |
Refereed Designation | Refereed |
Waterloo Public Transportation Initiative
Environment 1 352
The University of Waterloo acknowledges that much of our work takes place on the traditional territory of the Neutral, Anishinaabeg and Haudenosaunee peoples. Our main campus is situated on the Haldimand Tract, the land granted to the Six Nations that includes six miles on each side of the Grand River. Our active work toward reconciliation takes place across our campuses through research, learning, teaching, and community building, and is co-ordinated within the Office of Indigenous Relations.