Public Perception and Willingness to Pay for High-Occupancy Toll (HOT) Lanes in the United Arab Emirates: Questionnaire-Based Survey

2020 ◽  
Author(s):  
Ahmad Shabib ◽  
Mahmoud Khalil ◽  
Muamer Abuzwidah ◽  
Samer Barakat
Keyword(s):  
Willingness To Pay ◽  
United Arab Emirates ◽  
Public Perception ◽  
Hot Lanes ◽  
High Occupancy Toll

System and neural network analysis of intent to buy and willingness to pay insurance premium

2019 ◽  
Vol 45 (1) ◽  
pp. 147-168 ◽  
Author(s):  
Sanjay Tolani ◽  
Ananth Rao ◽  
Genanew B. Worku ◽  
Mohamed Osman
Keyword(s):  
Neural Network ◽  
Social Security ◽  
Willingness To Pay ◽  
United Arab Emirates ◽  
Middle Eastern ◽  
Country Of Origin ◽  
Research Work ◽  
Original Research ◽  
Content Type ◽  
Social Security Benefits

Purpose The purpose of this paper is to analyze significant determinants to assess the probability of insureds’ intent to buy (ITB) insurance and willingness to pay (WTP) quantum of dollars for security benefits. Design/methodology/approach The authors use the Double Hurdle Model (DHM) and Neural Network (NN) architecture to analyze the insureds’ behavior for ITB and WTP. The authors apply these frameworks to all the 503 insureds of a branch of a leading insurer in the United Arab Emirates. Findings The DHM identified age, loans & liabilities, body mass index, travel outside the UAE, salary and country of origin (Middle Eastern and African) as significant determinants to predict WTP for social security benefits. In addition to these determinants, NN architecture identified insurance replacement, holding multiple citizenship, age of parents, mortgages, country of origin: Americas, length of travel, income of previous year and medical conditions of insured as additional important determinants to predict WTP for social security benefits; thus, NN is found to be superior to DHM due to its lowest RMSE and AIC in the holdout sample and also its flexibility and no assumptions unlike econometric models. Research limitations/implications Insureds’ data used from one UAE Branch limit the generalizability of empirical findings. Practical implications The study findings will enable the insurers to appropriately design the insurance products that match the insurers’ behavior of ITB and WTP for social security benefits. Social implications The study findings have the potential for insurance institutions to be more flexible in their insurance practices through public–private partnerships. Originality/value This is the authors’ original research work.

scholarly journals Water Privatization Aftermath in Armenia: Scale, Public Perception and Willingness to Pay

2016 ◽  
Vol 3 (2) ◽  
pp. 7
Author(s):  
Naira Harutyunyan
Keyword(s):  
Willingness To Pay ◽  
Public Perception ◽  
Water Privatization

La globalización, la liberalización de los mercados internacionales y la intensificación de la cooperación internacional impulsaron la expansión generalizada de la privatización de los servicios públicos, aunque no está claro si la privatización sirvió al interés público o no. El documento presenta el casode Armenia, un país en transición que pasó por un intenso proceso de privatización en el sector del agua. Las evaluaciones, de arriba hacia abajo, muestran que las empresas de servicios públicos armenios alcanzaron una posición superior a la media en las comparaciones internacionales. Se utilizaron las encuestas hechas en los hogares para proporcionar evidencia empírica sobre las experiencias reales de los usuarios, a través de la medición de la percepción que ellos tienen sobre los servicios de agua, la disposición a pagar y las acciones de conservación. Los resultados muestran que los usuarios en sus hogares, en general, están satisfechos con los servicios de agua. La proporción más alta de los que están dispuestos a pagar por mejoras está en las zonas rurales que refleja la mayor necesidad de mejores servicios de agua. Como era de esperar, la situación financiera de los hogares y la percepción del precio del agua afectan la disposición a pagar. Los resultados de la investigación proporcionaron evidencia de la teoría de la comparación social según la cual la menorsatisfacción del público con los servicios de agua puede derivarse en áreas que colindan con otras áreas con mejores servicios de abastecimiento de agua. El estudio también encuentra que la medición universal del agua afectó el comportamiento del consumo de agua de las familias.

High Occupancy Toll Lane Performance Under Alternative Pricing Policies

2012 ◽  
Vol 51 (2) ◽  
Author(s):  
Thomas Light
Keyword(s):  
Travel Time ◽  
Level Of Service ◽  
Operating Characteristics ◽  
Revenue Generation ◽  
Pricing Policies ◽  
Time Costs ◽  
Generation Level ◽  
Operating Policies ◽  
Hot Lanes ◽  
High Occupancy Toll

This paper explores how alternative pricing and operating policies influence revenue generation, level of service, and travel time costs for high occupancy toll (HOT) lane facilities. A framework for modeling HOT lanes is applied to a hypothetical facility. The analysis suggests that the way in which tolls are set can have a non-trivial influence on competing measures of HOT lane performance. Other operating characteristics, such as the number of lanes designated as free and priced and whether carpools are allowed to ride free or must pay a toll to access the HOT lanes, are shown to significantly influence performance as well.

scholarly journals A BI-LEVEL FRAMEWORK FOR PRICING OF HIGH-OCCUPANCY TOLL LANES

Transport ◽  
2014 ◽  
Vol 29 (3) ◽  
pp. 317-325 ◽  
Author(s):  
Kitae Jang ◽  
Myoung Kyun Song ◽  
Keechoo Choi ◽  
Dong-Kyu Kim
Keyword(s):  
Dynamic Pricing ◽  
Optimal Level ◽  
Future Research ◽  
Total Delay ◽  
Successful Operation ◽  
Total Travel Time ◽  
Hot Lanes ◽  
Varying Demand ◽  
High Occupancy Toll

As a freeway operational management strategy, High-Occupancy Toll (HOT) lanes have been deployed to manage the demand for High-Occupancy Vehicle (HOV) lanes by adjusting the tolls. By doing so, the capacity of freeways with such lanes can be used more efficiently. Periodically, setting the right amount of toll in accordance with the time-varying demand is a key to successful operation of HOT lanes; however, this is often difficult because travellers have heterogeneous willingness to pay for the toll and traffic conditions vary as the demand changes due to the imposition of tolls. This paper proposed an algorithm to determine the optimal level of toll for minimizing the total delay collectively spent by both HOVs and low-occupancy vehicles. Based on real-world traffic and survey data obtained from Gyungbu expressway in South Korea, a case study is presented to verify the applicability of the developed algorithm. The results from the case study show that the proactive dynamic pricing scheme can use the underutilized capacity of HOT lane efficiently and, thereby, shorten total travel time by 22% and generate revenue of more than $8600. Some limitations and future research agendas are also discussed.

scholarly journals Public Attitudes toward Renewable Energy in Croatia

Energies ◽  
2021 ◽  
Vol 14 (23) ◽  
pp. 8111
Author(s):  
Sunčana Slijepčević ◽  
Željka Kordej-De Villa
Keyword(s):  
Renewable Energy ◽  
Willingness To Pay ◽  
Public Perception ◽  
Public Attitudes ◽  
Renewable Energy Sources ◽  
Public Support ◽  
The European Union ◽  
Residential Sector ◽  
Good Potential ◽  
Survey Results

Renewable energy sources (RES) play a key role in achieving the European Union’s energy and climate objectives. As a member of the European Union, Croatia has committed to adopting European Directive 2009/28/EC, a directive on promoting the use of RES. Croatia shows good potential for the use of different types of RES. In the period 2009–2019, the share of renewable energy in energy consumption increased from 23.6 to 28.5 percent. The Croatian energy strategy aims to increase the national share of renewable energy to at least 32 percent by 2030. Acceptance and public support are essential for renewable energy to be introduced into energy policy and particularly to encourage renewable energy implementation in the residential sector. The purpose of the paper is to explore the public perception of renewable energy and citizens’ willingness to pay for the use of RES. Data were collected through a 2021 survey of citizens 18 years and older. The survey results show a low level of implementation of RES technology in the residential sector; more than 80 percent of respondents did not use any sources of renewable energy in their households. Results related to respondents’ knowledge of different sources of renewable energy suggest they have the most knowledge of solar, wind, and hydropower energy. Respondents believe that combating climate change, reducing dependency on energy imports, reducing environmental impacts, and improving health are the most important benefits of RES implementation. The survey reveals general support for RES among respondents; almost 89 percent of them would purchase renewable energy from local suppliers. In addition, 79 percent of survey participants were willing to pay for the introduction of RES technology into their households. The research shows that environmental concerns are the primary reason for citizens’ higher willingness to pay for RES.

scholarly journals Choice of High Occupancy/Toll Lanes under Alternative Pricing Strategies

2018 ◽  
Vol 2672 (5) ◽  
pp. 12-22
Author(s):  
Michael Janson ◽  
David Levinson
Keyword(s):  
Potential Effect ◽  
Time Of Day ◽  
General Purpose ◽  
Equilibrium Analysis ◽  
Demand Elasticity ◽  
Pricing Strategies ◽  
Toll Lanes ◽  
Hot Lanes ◽  
High Occupancy Toll Lanes ◽  
High Occupancy Toll

High occupancy/toll (HOT) lanes typically vary tolls charged to single occupant vehicles, with the toll increasing during congested periods. The toll is usually tied to time of day or to the density of vehicles in the HOT lane. The purpose of raising the toll with congestion is to discourage demand sufficiently to maintain travel speeds in the HOT lane. However, it has been demonstrated that the HOT toll may act as a signal of downstream congestion (in both general purpose (GP) and HOT lanes), causing an increase in demand for the HOT lane, at least at lower prices. This paper develops a model of lane choice to evaluate alternative HOT lane pricing strategies, including the use of GP density, to more accurately reflect the value of the HOT lane. In addition, the paper explores the potential effect these strategies would have on the HOT lane vehicle share through a partial equilibrium analysis. This analysis demonstrates the change in demand elasticity with price, showing the point at which drivers switch from a positive to negative elasticity.

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