Article ID: | iaor20002897 |
Country: | United Kingdom |
Volume: | 5D |
Issue: | 1 |
Start Page Number: | 1 |
End Page Number: | 10 |
Publication Date: | Jan 2000 |
Journal: | Transportation Research. Part D, Transport and Environment |
Authors: | Pitfield D.E., Fellows N.T. |
Keywords: | cost benefit analysis |
Utilising cost benefit analysis techniques, in exactly the same way as the UK Government evaluates new roads and public transport schemes, car-sharing can be shown to produce very high net benefits to society. This paper shows that if a scheme were to be set up in the West Midlands area, UK, then even with the most conservative estimates of car-share participation, net benefits would be comparable to those produced by major road schemes. Indeed, slightly less conservative estimates of participation give net benefits in excess of road schemes.