In this study, researchers from the University of Florida examined a toll-setting strategy called dynamic pricing, which updates tolls on restricted lanes based on the traffic density. This method is responsive to actual conditions, compared to time-of-day pricing. Researchers looked at two issues: how drivers adjust departure times and lane choices to cope with tolls and whether dynamic pricing offers an advantage over time-ofday pricing.


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    Title :

    Managed Lane Operations - Adjusted Time of Day Pricing vs. Near-Real Time Dynamic Pricing, Summary


    Contributors:
    T. Tillander (author) / Y. Yin (author)

    Publication date :

    2012


    Size :

    1 pages


    Type of media :

    Report


    Type of material :

    No indication


    Language :

    English






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