Article ID: | iaor1993189 |
Country: | United States |
Volume: | 25B |
Issue: | 5 |
Start Page Number: | 281 |
End Page Number: | 292 |
Publication Date: | Oct 1991 |
Journal: | Transportation Research. Part B: Methodological |
Authors: | Williams L.W.C.H., Lam W.M. |
Keywords: | investment |
The authors extend the treatment of paper I (Abstract 51241) to consider the contribution of various travel responses to user benefits when constrained spatial interaction models are adopted to appraise a variety of highway projects. A comparison is made of the benefit measures derived from constrained and unconstrained model forms, and the implications for the methods of investment appraisal assessed.