Civil Engineering Reference
In-Depth Information
Fig. 19.1 Goals and objectives of tolling and pricing.
Source
Reference [
5
], p 9. Figure 1.2
Value pricing
is the price charged drivers for using special lanes that
guarantee
higher travel speeds. This charge applies only to
drivers who choose
to travel at a
higher speed during peak hours because they value the travel time savings bene
ts
provided by the priced lane. Those travelers not using special lanes can continue
using the general purpose lanes.
Congestion pricing (or value pricing) can be provided in several ways. It can be
implemented at a single facility such as a tunnel or bridge, along a single roadway
by converting high occupancy lanes to a single or multiple high occupancy toll
lanes, at a cordon around a central business district, or along expressways and major
roads throughout the region.
