BEFORE AND AFTER BENEFIT-COST ANALYSIS IN URBAN TRANSPORTATION

THE ACCURACY AND UTILITY OF BENEFIT-COST ANALYSIS IN URBAN TRANSPORTATION WAS INVESTIGATED. THE PURPOSE OF THIS REPORT WAS TO EXAMINE EXPECTED BENEFITS AND COSTS ASSOCIATED WITH PARTICULAR TRANSPORTATION PROJECTS AND TO COMPARE THEM WITH ACTUAL RESULTS. BENEFIT-COST ANALYSIS IS DESCRIBED IN DETAIL ALONG WITH CONCEPTUAL AND PRACTICAL PROBLEMS. THE SANTA ANA FREEWAY IN LOS ANGELES WAS A SELECTED CASE STUDY TO COMPARE EX ANTE-EX POST BENEFITS AND COSTS WITH REFERENCE TO TIME VALUE SAVINGS FOR FREEWAY USERS AND HIGHWAY COMMODITY SAVINGS. THE ANALYSIS REVEALED SIGNIFICANT DIFFERENCES BETWEEN THE BENEFITS AND COSTS ANTICIPATED AND THOSE WHICH WERE OBSERVED. ASSUMPTIONS IN THE EX-ANTE ANALYSIS ARE DISCUSSED IN DETAIL. THE REPORT CONCLUDES WITH RECOMMENDATIONS TO IMPROVE THE EFFECTIVENESS OF BENEFIT-COST STUDIES IN URBAN TRANSPORTATION DECISION-MAKING. /UMTA/

  • Supplemental Notes:
    • DOT-UT-425 UMTA-CA-11-0009-72-5
  • Corporate Authors:

    University of California, Los Angeles

    Graduate School of Management
    Los Angeles, CA  USA  90024
  • Authors:
    • Peterson, E
    • MITTELBACH, F G
  • Publication Date: 1972-9

Media Info

  • Pagination: 63 p.

Subject/Index Terms

Filing Info

  • Accession Number: 00202227
  • Record Type: Publication
  • Source Agency: Urban Mass Transportation Administration
  • Report/Paper Numbers: Final Rept
  • Files: TRIS, USDOT
  • Created Date: Oct 16 1973 12:00AM