Engineering economic analysis practices for highway investment.

Author(s)
Markow, M.J.
Year
Abstract

This study has looked at how U.S. transportation agencies have applied engineering economics (benefit–cost analyses and similar procedures) to decisions on highway investments. State departments of transportation (DOTs) are most likely to use economic methods when considering investments in pavement and bridge preservation, safety improvements, and major projects on trunk lines and in urban areas. This study, however, has found agencies that use economic information across their key business and decision processes. Information was gathered through literature review, presentations at conference committee meetings, a screening survey of state DOTs, and interviews leading to case studies. (Author/publisher) This report is available online at http://onlinepubs.trb.org/onlinepubs/nchrp/nchrp_syn_424.pdf

Publication

Library number
20121109 ST S [electronic version only]
Source

Washington, D.C., Transportation Research Board TRB, 2012, 118 p., ref.; National Cooperative Highway Research Program NCHRP, Synthesis of Highway Practice ; Report 424 / NCHRP Project 20-05, Topic 41-03 - ISSN 0547-5570 / ISBN 978-0-309-22343-0

Publication (link)

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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.