Programming transport investment: a priority-planning procedure. Paper presented at the 54th Annual Meeting of the Transportation Research Board TRB, Washington, January 1975.

A priority-programming procedure is developed. It deals with rural highway investment but can be extended to transit and urban areas. This paper shows how the linear-programming formulation is a valuable extension of current methods of cost-benefit analysis. The basis of the extension is the explicit consideration of trade-offs concerning the time of investments for improvements.