The ratio of the coefficients Utility Coefficient Toll and Utility Coefficient Time is decisive for modeling real traffic conditions. With the default values Utility Coefficient Toll = -1 and Utility Coefficient Time = 0.4, one monetary unit is worth as much as a travel time saving of 2.5 min.
If Logit alpha = 0.05: Increasing the base utility by 20 increases the ratio of probabilities for and against the managed lane by factor e (2.718):
Alpha ● Utility | Managed lane probability |
---|---|
2 |
87 % |
1.5 |
82 % |
1 |
73 % |
0.5 |
62 % |
0 |
50 % |
- 0.5 |
38 % |
- 1.0 |
27 % |
- 1.5 |
18 % |
- 2.0 |
13 % |
If you increase the base utility by 10, with Alpha = 0.05, the value of Alpha ● Utility increases by 0.5. The probability increases accordingly.