A simplified approach for evaluating the cost-effectiveness of high-occupancy vehicle (hov) facilities is presented in this paper. The procedure consists of assessing the cost-effectiveness of hov facilities on the basis of the value of travel time savings experiencedby users of hov facilities. This approach is also used as a basis for discussing general relationships between hov lane cost-effectiveness and hov lane travel corridor characteristics in houston, texas. The approach appears to be a useful for (a) assessing the cost-effectiveness of an existing hov facility when a detailed benefit-cost analysis cannot be funded and (b) quickly assessing hov lane feasibility during planning when only limited funds or data are available. This paper appears in transportation research record no. 1299, Hov facilities and transportation systems management 1991 .
Abstract