TY - CHAP
T1 - New Jersey Turnpike time-of-day pricing initiative's behavioral impacts
T2 - Observed role of travel distance on underlying elasticities
AU - Holguín-Veras, José
AU - Xu, Ning
AU - Wang, Qian
AU - Ozbay, Kaan
AU - Zorrilla, Juan C.
AU - Cetin, Mecit
PY - 2007
Y1 - 2007
N2 - This paper discusses the key findings of a research project aimed at assessing the behavioral impacts of the time-of-day pricing implementation on the New Jersey Turnpike. Analysis of data collected by the authors, including behavioral and travel patterns before and after the time-of-day pricing initiative, revealed the following: (a) about 7.0% of individual drivers (6.6 % of car trips) changed behavior as a consequence of the time-of-day pricing initiative, which translated into market elasticities for toll changes of -0.398 with the number of individuals used as the unit of demand and of -0.545 with the number of trips per month used; (6) users responded to time-of-day pricing by implementing multidimensional strategies, including changes in facility usage, time of travel, productivity of car travel, and mode or occupancy; (c) users traveling relatively shorter distances exhibited more elastic behavior than those traveling long distances; and (d) only around 5% had more than one-half hour of flexibility and traveled during peak hours (they could be the target of the time-of-day pricing initiative because of the flexibility to shift to off-peak periods).
AB - This paper discusses the key findings of a research project aimed at assessing the behavioral impacts of the time-of-day pricing implementation on the New Jersey Turnpike. Analysis of data collected by the authors, including behavioral and travel patterns before and after the time-of-day pricing initiative, revealed the following: (a) about 7.0% of individual drivers (6.6 % of car trips) changed behavior as a consequence of the time-of-day pricing initiative, which translated into market elasticities for toll changes of -0.398 with the number of individuals used as the unit of demand and of -0.545 with the number of trips per month used; (6) users responded to time-of-day pricing by implementing multidimensional strategies, including changes in facility usage, time of travel, productivity of car travel, and mode or occupancy; (c) users traveling relatively shorter distances exhibited more elastic behavior than those traveling long distances; and (d) only around 5% had more than one-half hour of flexibility and traveled during peak hours (they could be the target of the time-of-day pricing initiative because of the flexibility to shift to off-peak periods).
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U2 - 10.3141/2010-07
DO - 10.3141/2010-07
M3 - Chapter
AN - SCOPUS:40049102788
SN - 9780309104364
T3 - Transportation Research Record
SP - 53
EP - 61
BT - Behavioral Responses to Policy and System Changes
ER -