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Whats It Worth - vtpi.org
250-360-1560 Todd Alexander Litman 2001-2006 You are welcome and encouraged to copy, distribute, share and excerpt this document and its ideas, provided the author is given attribution. Please send your corrections, comments and suggestions for improving it. what S IT Worth ? Economic Evaluation For Transportation Decision-Making 16 July 2006 Todd Litman Victoria Transport Policy Institute Originally presented at the Internet Symposium on Benefit-Cost Analysis Transportation Association Of Canada ( ) February 2001 Abstract This paper discussed the application of economic analysis techniques to transportation planning and management. It describes specific techniques including Cost-Effectiveness, Benefit-Cost Analysis, Lifecycle Cost Analysis, and Multiple Accounts Analysis.
What’s It Worth? 3 reduction is an objective because congestion is considered a problem), or they can be defined in terms of costs and benefits (for example, congestion reduction benefits can be measured based on reductions in congestion costs).
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