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.

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.