THE APPLICATION OF COST-BENEFIT ANALYSIS TO TRANSPORT

THIS PAPER EXPLAINS THE NEED FOR THE APPLICATION OF COST-BENEFIT ANALYSIS TO THE EVALUATION OF ALTERNATIVE PROJECTS FOR INVESTMENT IN THE TRANSPORT FIELD AND OUTLINES BRIEFLY THE HISTORICAL DEVELOPMENT OF THE TECHNIQUE. THE RESULTS OF A COMPARATIVE SURVEY OF A NUMBER OF COST-BENEFIT STUDIES WHICH HAVE BEEN CARRIED OUT IN BRITAIN AND SOME CONCLUSIONS AS TO THEIR THROUGHNESS AND COMPREHENSIVENESS (OR OTHERWISE) ARE PRESENTED. THE ARTICLE CONCLUDES WITH A NUMBER OF SPECIFIC AND DETAILED RECOMMENDATIONS TO REMEDY APPARENT METHODOLOGICAL WEAKNESSES.

Media Info

  • Features: References; Tables;
  • Pagination: p. 29-54
  • Serial:

Subject/Index Terms

Filing Info

  • Accession Number: 00202411
  • Record Type: Publication
  • Files: TRIS
  • Created Date: May 15 1974 12:00AM