Applications of benefit-cost analysis: the selection of "nonconstruction" projects. Paper presented at the 53rd Annual Meeting of the Highway Research Board HRB, Washington, D.C., January 1974.

Author(s)
Hibbard, T.H. & Miller, F.
Year
Abstract

The application of traditional benefit-cost analysis, frequently used to evaluate construction projects, as a means to analyze nonconstruction activities of highway agencies for the purpose of improving resource allocation within and between programs, is examined. It is demonstrated that difficult-to-value variables such as safety, recreational experiences, and benefits to bicycle riders can be evaluated with benefit-cost analyses.

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Publication

Library number
B 9644 (In: B 9380 S) /10/ IRRD 213873
Source

In: Transportation Research Record TRR No. 490, 1974, p. 31-39, 2 graph., 1 tab., 5 ref.

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