ECONOMIC EVALUATION OF TRAFFIC NETWORKS

ECONOMIC ANALYSIS OF A TRAFFIC NETWORK REQUIRES ESTIMATION OF THE TOTAL TRAVEL COSTS TO THE USERS AND THE TOTAL CAPITAL REQUIREMENTS TO PROVIDE THE SYSTEM. A METHOD FOR DETERMINING THESE COSTS OF A NETWORK BY USE OF ELECTRONIC DATA PROCESSING MACHINES IS DESCRIBED. THE THREE COMPONENTS OF TRAVEL COSTS (OPERATING, ACCIDENT AND TIME COSTS) ARE RELATED TO AVERAGE DAILY SPEED ON EACH LINK IN THE NETWORK. SPEEDS ARE BASED ON TYPE OF ROUTE, CAPACITIES, DAILY TRAFFIC FLOW (AS GIVEN BY A TRAFFIC ASSIGNMENT), AND RELATIVE LOCATION. EXAMPLES OF CHICAGO AREA DATA AND RESULTS ARE GIVEN. SELECTION OF THE LEAST COST PLAN OF SEVERAL ALTERNATIVES IS MADE. /AUTHOR/

Media Info

Subject/Index Terms

Filing Info

  • Accession Number: 00201406
  • Record Type: Publication
  • Files: TRIS, TRB
  • Created Date: Aug 5 1994 12:00AM