Transport policy appraisal with equilibrium models II: Model dependence of highway investment benefits

Transport policy appraisal with equilibrium models II: Model dependence of highway investment benefits

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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: ,
Keywords: investment
Abstract:

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.

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