SC
SC HOV
SC 0
 HOT
Fig.1A:

t HOV
Social cost may be reduced by converting HOV lane to HOT lane.
Introducing HOV lane increases the social cost, i.e., SC HOV  SC 0
SC
SC 0
SC HOV
 HOT
Fig.1B:

t HOV
Social cost may be reduced by converting HOV lane to HOT lane.
Introducing HOV lane reduces the social cost, i.e., SC HOV  SC 0
SC
SC 0
SC HOV
Fig.1C:

t HOV
Converting HOV lane to HOT lane increases the social cost.
Introducing HOV lane reduces the social cost, i.e., SC HOV  SC 0
SC
SC 0
SC HOV

t HOV
Fig.1D
Converting HOV lane to HOT lane increases the social cost.
Introducing HOV lane reduces the social cost, i.e., SC HOV  SC 0
2mK (1  K )
c
2  m  2 K (m  1)
c
m
m 1
mK
c
m 1
D
C
B
m
2(m  1)
cc
A
m2
2( m  1)
Figure 2
1
K
Parameters and welfare ranking of HOV and HOT
t
0.2
HOV
Differential
0.15
0.1
HOT
Uniform
0.05
0.1
Figure 3
0.2
0.3
0.4
Shares of car-poolers under alternative policies
0.5
K
Social
0.16
Cost
0.155
No policy
0.15
HOV
HOT
Uniform
0.145
Differential
0.1
0.2
0.3
0.4
Figure 4 Aggregate social costs under alternative policies
0.5
K

Approved Indoor 1800

2015 BMW M4 Convertible pricing guide here

2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014