What’s it worth? : economic evaluation for transportation decision-making. Originally presented at the Internet Symposium on Benefit-Cost Analysis Transportation Association Of Canada, February 2001.

This paper discussed the application of economic analysis techniques to transportation planning and management. It describes specific techniques including Cost-Effectiveness, Benefit-Cost Analysis, Lifecycle Cost Analysis, and Multiple Accounts Analysis. It discusses common problems associated with economic analysis techniques used in transportation decision-making, particularly when comparing investments in alternative modes or evaluating Transportation Demand Management options. This paper describes specific solutions to these problems, and provides recommendations for producing analysis that is accurate and useful. It discusses specific factors that should be considered when evaluating transportation policies and programs. (Author/publisher)