INTERACTIVE DECISION PROCESS FOR PUBLIC-PRIVATE COOPERATIVE PROJECTS

Both the public and the private sector can often benefit from the cooperative financing of essential transportation services that neither would undertake alone. In Michigan the question often revolves around jobs-jobs that would be lost if a rail subsidy were discontinued, or jobs that would not be created if a service road to a plant expansion could not be built. Opportunities for cooperative involvement between the public and private sectors have often had to be considered with less information available than decision makers might desire. The calculations of benefits and costs have been so lengthy and time consuming that only a narrow range of alternatives could be considered if the relevant information was to be timely. The model described permits timely and understandable evaluations of the personal income and tax impacts resulting from employment changes that are outcomes of transportation improvement projects. The model has been designed to be simpler to operate than a multifunction hand calculator. The intent is to allow a decision maker, who knows or cares little about a computer, the opportunity to test a variety of "what if?" questions very rapidly, calculating the balance between public costs and benefits and generating reports and business graphics at will.

• Record URL:
  http://onlinepubs.trb.org/Onlinepubs/trr/1984/980/980-014.pdf
• Summary URL:
  https://scholar.google.com/scholar_lookup?title=INTERACTIVE+DECISION+PROCESS+FOR+PUBLIC-PRIVATE+COOPERATIVE+PROJECTS&author=G.+Adams&author=T.+Gotts&author=J.+Wesa&publication_year=1984
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  • Find a library where document is available. Order URL: http://worldcat.org/isbn/030903762X
• Supplemental Notes:
  • Distribution, posting, or copying of this PDF is strictly prohibited without written permission of the Transportation Research Board of the National Academy of Sciences. Unless otherwise indicated, all materials in this PDF are copyrighted by the National Academy of Sciences. Copyright © National Academy of Sciences. All rights reserved. Publication of this paper sponsored by Committee on Computer Graphics and Interactive Computing.
• Authors:
  • Adams, G Robert
  • Gotts, Terry L
  • Wesa, Jon M
• Publication Date: 1984

Media Info

• Media Type: Print
• Features: Figures;
• Pagination: pp 92-99
• Monograph Title: Techniques for making key transportation decisions
• Serial:
  • Transportation Research Record
  • Issue Number: 980
  • Publisher: Transportation Research Board
  • ISSN: 0361-1981

Subject/Index Terms

• TRT Terms: Benefit cost analysis; Cooperation; Decision making; Employment; Financing; Governments; Private enterprise; Public transit; Simulation
• Uncontrolled Terms: Interaction
• Subject Areas: Administration and Management; Highways; Planning and Forecasting; Public Transportation; I10: Economics and Administration;

Filing Info

• Accession Number: 00450531
• Record Type: Publication
• ISBN: 030903762X
• Files: TRIS, TRB
• Created Date: Nov 30 1985 12:00AM