January 4, 2023
Economic Evaluation for Transportation Decision-Making
- Publish Date
- 2006
- Type
- guide
- Author
- Todd Litman
- publisher
- Victoria Transport Policy Institute
This paper discusses the application of economic analysis techniques to transportation planning, including Cost-Effectiveness, Benefit-Cost Analysis, Lifecycle Cost Analysis, and Multiple Accounts Analysis.
The paper describes specific solutions to these problems, and provides recommendations for producing analysis that is accurate and useful. It discusses specific factors that should be considered when evaluating transportation policies and programs.