• Engineering
  • Published 2012

Managed Lane Operations – Adjusted Time of Day Pricing vs. Near-Real Time Dynamic Pricing, Volume I: Dynamic Pricing and Operations of Managed Lanes

@inproceedings{Yin2012ManagedLO,
  title={Managed Lane Operations – Adjusted Time of Day Pricing vs. Near-Real Time Dynamic Pricing, Volume I: Dynamic Pricing and Operations of Managed Lanes},
  author={Yafeng Yin and Scott S. Washburn and Di Wu and Ashish Kulshrestha and Vipul Modi and Dimitra Michalaka and Jie Lu},
  year={2012}
}
The Florida Department of Transportation recently implemented high occupancy/toll (HOT) lanes (known as 95 Express) in the Miami regional area on Interstate 95. This report investigates three aspects relevant to the operations and management of HOT lanes such as 95 Express. First, two questions concerning the impact and effectiveness of dynamic tolling are investigated. One is whether a managed-lane system exhibits hysteresis-like behavior that motorists periodically shift their departure times… CONTINUE READING