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Transportation Decision Making

Transportation Decision Making
Author: Kumares C. Sinha
Publisher: John Wiley & Sons
Total Pages: 576
Release: 2011-09-09
Genre: Technology & Engineering
ISBN: 1118169662

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This pioneering text provides a holistic approach to decisionmaking in transportation project development and programming, whichcan help transportation professionals to optimize their investmentchoices. The authors present a proven set of methodologies forevaluating transportation projects that ensures that all costs andimpacts are taken into consideration. The text's logical organization gets readers started with asolid foundation in basic principles and then progressively buildson that foundation. Topics covered include: Developing performance measures for evaluation, estimatingtravel demand, and costing transportation projects Performing an economic efficiency evaluation that accounts forsuch factors as travel time, safety, and vehicle operatingcosts Evaluating a project's impact on economic development and landuse as well as its impact on society and culture Assessing a project's environmental impact, including airquality, noise, ecology, water resources, and aesthetics Evaluating alternative projects on the basis of multipleperformance criteria Programming transportation investments so that resources can beoptimally allocated to meet facility-specific and system-widegoals Each chapter begins with basic definitions and concepts followedby a methodology for impact assessment. Relevant legislation isdiscussed and available software for performing evaluations ispresented. At the end of each chapter, readers are providedresources for detailed investigation of particular topics. Theseinclude Internet sites and publications of international anddomestic agencies and research institutions. The authors alsoprovide a companion Web site that offers updates, data foranalysis, and case histories of project evaluation and decisionmaking. Given that billions of dollars are spent each year ontransportation systems in the United States alone, and that thereis a need for thorough and rational evaluation and decision makingfor cost-effective system preservation and improvement, this textshould be on the desks of all transportation planners, engineers,and educators. With exercises in every chapter, this text is anideal coursebook for the subject of transportation systems analysisand evaluation.


Principles of Transportation Economics

Principles of Transportation Economics
Author: Kenneth Duncan Boyer
Publisher: Addison Wesley
Total Pages: 440
Release: 1998
Genre: Business & Economics
ISBN:

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Principles of Transportation Economics is an introduction into the distinctive elements of transportation economics, describing how the standard pieces of economic analysis are applied in the transport sector. Boyer's text reflects transportation economics as it is taught and practiced today. Unlike its many predecessors, its arguments do not discuss the practice of economic regulation. Legal issues and concerns of regulatory process are no longer a central part of transportation economics, and this book reflects this shift. The analysis covers the modern developments of subsidy-free pricing and stand-alone costing.


Principles of Transport Economics

Principles of Transport Economics
Author: Emile Quinet
Publisher: Edward Elgar Publishing
Total Pages: 406
Release: 2004
Genre: Business & Economics
ISBN:

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This book is designed to provide an analytical approach to transport economics with reference to the development of both national and EU transport policy.


The Evaluation of Transportation Investment Projects

The Evaluation of Transportation Investment Projects
Author: Joseph Berechman
Publisher: Routledge
Total Pages: 514
Release: 2010-05-26
Genre: Business & Economics
ISBN: 1135214077

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Throughout the world, the use of some kind of a formal transportation project evaluation procedure is a requirement. Yet, by and large, these are partial; in fact, much weight is often placed on the initial -pre-engineering -phases of the planning process, when vital information, such as accurate costs and demand projections, is largely missing. Moreover, many of these procedures neglect to consider key issues such as project’s risks, capital costs financing, latent demand, market imperfections, labor force availability and various incompatibilities between trip rates, travel times and activity location. As a result, projects, which are judged as viable under such deficient evaluation schemes, may have had a significantly different projection of capital costs and demand should a well-founded, thorough, and efficient evaluation process be used. Against this background, this book’s main objective is to construct a comprehensive and methodical economic, planning and decision-making framework for the evaluation of proposed transportation infrastructure investment projects. Such a framework is founded on four key principles. It is based on well-established economic, transportation and policy-analysis theoretical principles; it is comprehensive enough to encompass all relevant evaluation issues; it is applicable to a wide range of transportation investment projects; and it is amenable to empirical application including a sensitivity analysis and alternative scenarios regarding urban, regional and national developments.


Principles of Transport Economics

Principles of Transport Economics
Author: Emile Quinet
Publisher: Edward Elgar Publishing
Total Pages: 406
Release: 2004
Genre: Business & Economics
ISBN:

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This book is designed to provide an analytical approach to transport economics with reference to the development of both national and EU transport policy.


Road Work

Road Work
Author: Kenneth A. Small
Publisher: Brookings Institution Press
Total Pages: 160
Release: 2012-01-01
Genre: Political Science
ISBN: 9780815721130

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America's interstate highway system is deteriorating, and traffic congestion in most urban centers is worsening. Because of the many strong and conflicting interests, policy discussions about the road system are also in gridlock. The only consensus that seems to have emerged is that public spending must be increased. Improving our highway system and its financing will not be easy. Road Work proposes a comprehensive highway pricing and investment policy to meet the goals of efficiency, equity, and financial stability. In this study, Kenneth A. Small, Clifford Winston, and Carol A. Evans base their policy on two economic principles: efficient pricing to regulate demand for highway services and efficient investment to minimize the total public and private costs of providing them. Policy recommendations include a set of pavement-wear taxes for heavy trucks, a set of congestion taxes for all vehicles, and a program of optimal investments in road durability. Their proposals should be especially attractive to policymakers because they can be implemented with current technology, offer little threat to the major interest group, and in the long run will reduce the strain on state and local governments' highway budgets.


Policy Options for Intermodal Freight Transportation

Policy Options for Intermodal Freight Transportation
Author: National Research Council (U.S.). Transportation Research Board
Publisher: Transportation Research Board
Total Pages: 332
Release: 1998
Genre: Business & Economics
ISBN: 9780309064514

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Recognizes the importance of freight transportation to the US and that intermodal freight transportation is a major technological and organizational trend affecting the sector's performance. Examining policy options, this report views that public investment in freight facilities is complex and they have been usually financed by the private sector.


Road Pricing: Theory, Empirical Assessment and Policy

Road Pricing: Theory, Empirical Assessment and Policy
Author: Börje Johansson
Publisher: Springer Science & Business Media
Total Pages: 236
Release: 2012-12-06
Genre: Business & Economics
ISBN: 940110980X

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Road pricing (tolls, etc.) as a means of generating revenue for infrastructure investment has become a major policy option in both Europe and North America. It can also be used as a policy in the management of traffic demand and flow, environmental objectives, and optimal resource allocation as regards the size of investments. Road pricing is assumed to be able to solve many problems simultaneously -- congestion control, pollution reduction, and investment financing. This volume assembles and assesses theoretical knowledge, empirical results and experiences of actual road pricing. In addition, the impact of new information technology on future policy formulation is considered.