Adding effects to CBA : multi-criteria analyses.

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Abstract

While all effects are given monetary values in cost-benefit analysis (CBA), other yardsticks are used in multicriteria analyses. A new deal for assessment principles for trunk roads in England is suggested. This uses a CBA core, but extended to cover other factors. Five criteria are considered: environmental impact, safety, economy, accessibility and integration. Monetary value, other quantitative units and a seven-point assessment scale for non-quantitative aspects are used. The seven-point scale is not intended to be comparable across factors. Safety effects are given a monetary value but local environmental effects are not.

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Publication

Library number
C 21915 (In: C 21910 S) /10 /15 /21 /72 /85 / ITRD E112376
Source

In: Assessing the benefits of transport, 2001, p. 38-40

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This publication is one of our other publications, and part of our extensive collection of road safety literature, that also includes the SWOV publications.