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Hugh Miller

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Managed Lanes<br />

• Pricing (continued)<br />

– Different pricing policies reflect agency goals<br />

• Traffic optimizing – highest throughput or<br />

minimal delay in the corridor<br />

• Revenue optimizing – most revenue for financing<br />

purposes<br />

– Implementation terms<br />

• “Variable pricing” (preset schedule)<br />

• “Dynamic pricing” (changes on the fly in<br />

response to conditions)<br />

– Enforcement<br />

“An Introduction to Managed Lanes” by <strong>Hugh</strong> <strong>Miller</strong>

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