“…With two HOT lanes, not only would more new carpoolers need to be paid, but the payment per carpool would also increase, since payments will need to be attractive enough to new (i.e., "marginal") solo drivers who would not have been willing to shift when lower payments are offered, as in the case of one HOT lane when only half as much traffic reduction is needed. Minett et al (2020) also derived a regression equation which calculates the impact of a daily cash payment to incentivize commuters to ride as a passenger (see Figure 6). For example, the equation estimates that a cash incentive of $1.00 daily, or 50 cents per trip, would attract about 15% of commuters to ride as a passenger "if it is easy to ride as a passenger."…”