Benefits Estimates Of Highway Capital Improvements With Uncertain Parameters

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Benefits Estimates of Highway Capital Improvements with Uncertain Parameters

Author : James Hamilton Lambert
Publisher :
ISBN 13 :
Total Pages : 40 pages
Book Rating : 4.3/5 (555 download)

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Book Synopsis Benefits Estimates of Highway Capital Improvements with Uncertain Parameters by : James Hamilton Lambert

Download or read book Benefits Estimates of Highway Capital Improvements with Uncertain Parameters written by James Hamilton Lambert and published by . This book was released on 2006 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report warrants consideration in the development of goals, performance measures, and standard cost-benefit methodology required of transportation agencies by the Virginia 2006 Appropriations Act. The Virginia Department of Transportation has begun to implement a quantitative methodology as an aid to prioritizing highway construction projects in four categories: interstate, primary, urban, and rural. The methodology adopts fifteen quantitative metrics including level of service (LOS), volume-to-capacity ratio, traffic flow, intermodal access, crash rate, emergency route access, heavy truck usage, unemployment rate, environmental issues, right-of-way use, use of alternative transportation modes, bridge sufficiency rating, and cost-effectiveness. The results of the methodology are used by executive review teams to negotiate, interpret, and support decisions regarding the selection of construction projects for funding in a $1.8 billion construction program. This report describes an effort to extend the current prioritization methodology via modeling and uncertainty analysis of the risk reductions, benefits, and costs that are expected of candidate construction projects. The report (1) develops monetized estimates of benefits in several categories including crashes avoided, travel time saved, fuel uses avoided, and emissions avoided; (2) compares the estimates of benefits to the estimates of project costs, representing the uncertainty of the results as numerical intervals; and (3) compares the results to the results of the prioritization methodology that is currently in use. The major contribution of the report is the assembly of existing and new methods of benefits assessment via an interval analysis of uncertainty that enables a prioritization to proceed with sparse data on a large number of potential projects. With the interval analysis of uncertainty, a decision maker is provided with a sound basis to recommend that more data are needed or that existing available data are sufficient to distinguish among the potential projects. The developed methodology is demonstrated with project data from VDOT's Northern Virginia District using a database of performance criteria of 53 candidate projects ranging in cost from $2 million to $130 million. A prototype of a prioritization software was developed along with the report for the support of future analyses.

Highway Benefits

Author : Herbert Mohring
Publisher :
ISBN 13 :
Total Pages : 224 pages
Book Rating : 4.:/5 (89 download)

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Book Synopsis Highway Benefits by : Herbert Mohring

Download or read book Highway Benefits written by Herbert Mohring and published by . This book was released on 1962 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Framework and Tools for Estimating Benefits of Specific Freight Network Investments

Author :
Publisher : Transportation Research Board
ISBN 13 : 0309213568
Total Pages : 133 pages
Book Rating : 4.3/5 (92 download)

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Book Synopsis Framework and Tools for Estimating Benefits of Specific Freight Network Investments by :

Download or read book Framework and Tools for Estimating Benefits of Specific Freight Network Investments written by and published by Transportation Research Board. This book was released on 2011 with total page 133 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This report provides a comprehensive analytical framework and related tools that private-sector freight transportation modes and public-sector transportation interests can use to estimate private and public benefits to evaluate potential freight infrastructure investments. Using interviews with transportation planners and an extensive review of prior research and a review of current methods used to assess freight benefits or prioritize improvement projects, the research developed a freight evaluation framework with three main functions: (1) to enhance public planning and decision-making processes regarding freight; (2) to supplement benefit/cost assessment with distributional impact measures; and (3) to advance public-private cooperation. The framework is capable of handling projects that span all of the different modes and able to assess benefits from a variety of project types, including those that improve freight operations, as well as generate more capacity through infrastructure expansion. The research, by developing a practical set of formats for information collection, will support public-private agency discussions by helping all parties understand the wide range of perspectives and interests in potential freight investments."--Pub. desc.

Policy Analysis

Author : David L. Weimer
Publisher : Taylor & Francis
ISBN 13 : 1315442116
Total Pages : 480 pages
Book Rating : 4.3/5 (154 download)

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Book Synopsis Policy Analysis by : David L. Weimer

Download or read book Policy Analysis written by David L. Weimer and published by Taylor & Francis. This book was released on 2017-03-31 with total page 480 pages. Available in PDF, EPUB and Kindle. Book excerpt: Often described as a public policy “bible,” Weimer and Vining remains the essential primer it ever was. Now in its sixth edition, Policy Analysis provides a strong conceptual foundation of the rationales for and the limitations to public policy. It offers practical advice about how to do policy analysis, but goes a bit deeper to demonstrate the application of advanced analytical techniques through the use of case studies. Updates to this edition include: A chapter dedicated to distinguishing between policy analysis, policy research, stakeholder analysis, and research about the policy process. An extensively updated chapter on policy problems as market and governmental failure that explores the popularity of Uber and its consequences. The presentation of a property rights perspective in the chapter on government supply to help show the goal tensions that arise from mixed ownership. An entirely new chapter on performing analysis from the perspective of a public agency and a particular program within the agency’s portfolio: public agency strategic analysis (PASA). A substantially rewritten chapter on cost–benefit analysis, to better prepare students to become producers and consumers of the types of cost–benefit analyses they will encounter in regulatory analysis and social policy careers. A new introductory case with a debriefing that provides advice to help students immediately begin work on their own projects. Policy Analysis: Concepts and Practices remains a comprehensive, serious, and rich introduction to policy analysis for students in public policy, public administration, and business programs.

User and Non-user Benefit Analysis for Highways

Author :
Publisher : American Association of State Highway & Transportation Officials
ISBN 13 : 9781560514671
Total Pages : pages
Book Rating : 4.5/5 (146 download)

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Book Synopsis User and Non-user Benefit Analysis for Highways by :

Download or read book User and Non-user Benefit Analysis for Highways written by and published by American Association of State Highway & Transportation Officials. This book was released on 2010-01-01 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This document updates and expands the American Association of State Highway and Transportation Officials (AASHTO) User Benefit Analysis for Highways, also known as the Red Book. This AASHTO publication helps state and local transportation planning authorities evaluate the economic benefits of highway improvements. This update incorporates improvements in user-benefit calculation methods and, for the first time, provides guidance for evaluating important non-user impacts of highways. Previous editions of the Red Book provided guidance regarding user benefit measurement only. This update provides a framework for project evaluations that accurately account for both user and non-user benefits. The manual and accompanying CD-ROM provide a valuable resource for people who analyze the benefits and costs of highway projects.

Infrastructure and the Complexity of Economic Development

Author : David F. Batten
Publisher : Springer Science & Business Media
ISBN 13 : 3642802664
Total Pages : 296 pages
Book Rating : 4.6/5 (428 download)

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Book Synopsis Infrastructure and the Complexity of Economic Development by : David F. Batten

Download or read book Infrastructure and the Complexity of Economic Development written by David F. Batten and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book examines the complex relationships between infrastructure and the rest of the economy. In particular, it focuses on the contentious issue of whether infrastructure investments stimulate productivity growth, issues of pricing and ownership, and also development problems such as environmental damage. Methods range from traditional production function models and compensating variation approaches to nonlinear methods of dynamic analysis. There is a unique emphasis on the ability of these different methods to allow for the complex interdependencies involved. Six of the fifteen papers deal with these methodological aspects, whereas the remainder addresses specific cases or examples in a variety of countries (Europe, USA and developing countries).

Highway Noise; a Design Guide for Highway Engineers

Author : Bolt, Beranek, and Newman
Publisher :
ISBN 13 :
Total Pages : 840 pages
Book Rating : 4.3/5 (555 download)

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Book Synopsis Highway Noise; a Design Guide for Highway Engineers by : Bolt, Beranek, and Newman

Download or read book Highway Noise; a Design Guide for Highway Engineers written by Bolt, Beranek, and Newman and published by . This book was released on 1971 with total page 840 pages. Available in PDF, EPUB and Kindle. Book excerpt: Various methods of assessing noise, loudness, and noise annoyance are reviewed and explained; sources, types, and intensities of traffic noise are noted; typical means of abatement and attenuation are described; design criteria for various land uses ranging from low-density to industrial are suggested and compared with the results of previous BBN and British systems for predicting annoyance and complaint; and a design guide for predicting traffic noise, capable of being programmed for batch and on-line computer applications, is presented in form suitable for use as a working tool. A flow diagram describes the interrelationships of elements in the traffic noise prediction methodology, and each element is discussed in detail in the text. The text is presented of a tape recording that takes the listener through a series of traffic situations, with such variables as traffic distance, flow velocity, distance, outdoors and indoors, and presence or absence of absorbers and attenuators.

21st Century Economics: A Reference Handbook

Author : Rhona C. Free
Publisher : SAGE
ISBN 13 : 1412961424
Total Pages : 1038 pages
Book Rating : 4.4/5 (129 download)

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Book Synopsis 21st Century Economics: A Reference Handbook by : Rhona C. Free

Download or read book 21st Century Economics: A Reference Handbook written by Rhona C. Free and published by SAGE. This book was released on 2010-05-14 with total page 1038 pages. Available in PDF, EPUB and Kindle. Book excerpt: Interest in economics is at an all-time high. Among the challenges facing the nation is an economy with rapidly rising unemployment, failures of major businesses and industries, and continued dependence on oil with its wildly fluctuating price. Americans are debating the proper role of the government in company bailouts, the effectiveness of tax cuts versus increased government spending to stimulate the economy, and potential effects of deflation. Economists have dealt with such questions for generations, but they have taken on new meaning and significance. Tackling these questions and encompassing analysis of traditional economic theory and topics as well as those that economists have only more recently addressed, 21st Century Economics: A Reference Handbook is intended to meet the needs of several types of readers. Undergraduate students preparing for exams will find summaries of theory and models in key areas of micro and macroeconomics. Readers interested in learning about economic analysis of an issue as well students embarking on research projects will find introductions to relevant theory and empirical evidence. And economists seeking to learn about extensions of analysis into new areas or about new approaches will benefit from chapters that introduce cutting-edge topics. To make the book accessible to undergraduate students, models have been presented only in graphical format (minimal calculus) and empirical evidence has been summarized in ways that do not require much background in statistics or econometrics. It is thereby hoped that chapters will provide both crucial information and inspiration in a non-threatening, highly readable format.

Economic Evaluation of Road Investment Proposals

Author : Dimitris Tsolakis
Publisher :
ISBN 13 :
Total Pages : 60 pages
Book Rating : 4.3/5 (555 download)

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Book Synopsis Economic Evaluation of Road Investment Proposals by : Dimitris Tsolakis

Download or read book Economic Evaluation of Road Investment Proposals written by Dimitris Tsolakis and published by . This book was released on 2002 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Status of the Nation's Highways, Bridges and Transit

Author :
Publisher :
ISBN 13 :
Total Pages : 348 pages
Book Rating : 4.3/5 (555 download)

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Book Synopsis Status of the Nation's Highways, Bridges and Transit by :

Download or read book Status of the Nation's Highways, Bridges and Transit written by and published by . This book was released on 1999 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Public Roads

Author :
Publisher :
ISBN 13 :
Total Pages : 352 pages
Book Rating : 4.:/5 (319 download)

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Book Synopsis Public Roads by :

Download or read book Public Roads written by and published by . This book was released on 1926 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Summary and Evaluation of Economic Consequences of Highway Improvements

Author :
Publisher :
ISBN 13 :
Total Pages : 346 pages
Book Rating : 4.3/5 (243 download)

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Book Synopsis Summary and Evaluation of Economic Consequences of Highway Improvements by :

Download or read book Summary and Evaluation of Economic Consequences of Highway Improvements written by and published by . This book was released on 1964 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Chicago Central Area Circulator Project

Author :
Publisher :
ISBN 13 :
Total Pages : 578 pages
Book Rating : 4.3/5 (555 download)

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Book Synopsis Chicago Central Area Circulator Project by :

Download or read book Chicago Central Area Circulator Project written by and published by . This book was released on 1994 with total page 578 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Status of the Nation's Highways, Bridges, and Transit Conditions & Performance Report to Congress (Executive Summary)

Author : Federal Highway Administration
Publisher : Government Printing Office
ISBN 13 : 9780160937057
Total Pages : 44 pages
Book Rating : 4.9/5 (37 download)

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Book Synopsis Status of the Nation's Highways, Bridges, and Transit Conditions & Performance Report to Congress (Executive Summary) by : Federal Highway Administration

Download or read book Status of the Nation's Highways, Bridges, and Transit Conditions & Performance Report to Congress (Executive Summary) written by Federal Highway Administration and published by Government Printing Office. This book was released on 2017-03-24 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Executive Summary (separate entity from the comprehensive 2015 Status of Nation's Highways, Bridges, and Transit Conditions & Performance Report to Congress) showcases the highlights of the companion, comprehensive volume. This executive summary contains highlights to the public roadways/highways and Bridges that are part of America's transportation infrastructure. This volume includes an executive summary or synopsis for each chapter included in the comprehensive companion volume. It also contains a significantly reduced number of charts, graphs, and tables with specific data compared to the number available within larger full report. Transportation decision-makers at the municipal, state, and federal level, along with construction and civil engineering executives, and personnel that may be most interested in an overview about America's transportation infrastructure may be interested in this profile resource. Related products: Sign up to a print subscription for Public Roads bimonthly print magazine here: https: //bookstore.gpo.gov/products/sku/750-005-00000-4?ctid= Smartphone Applications to Influence Travel Choices: Practices and Policies is available here: https: //bookstore.gpo.gov/products/sku/050-001-00349-0 Bridges & Tunnels resources collection can be found here: https: //bookstore.gpo.gov/catalog/science-technology/engineering/bridges-tunnels Comprehensive companion volume -Status of the Nation's Highways, Bridges, and Transit Conditions & Performance Report to Congress, Full Report 2015 can be found here: https: //bookstore.gpo.gov/search/apachesolr_search/050-001-00351-1

A Manual on User Benefit Analysis of Highway and Bus-transit Improvements, 1977

Author : American Association of State Highway and Transportation Officials
Publisher :
ISBN 13 :
Total Pages : 210 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis A Manual on User Benefit Analysis of Highway and Bus-transit Improvements, 1977 by : American Association of State Highway and Transportation Officials

Download or read book A Manual on User Benefit Analysis of Highway and Bus-transit Improvements, 1977 written by American Association of State Highway and Transportation Officials and published by . This book was released on 1978 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: This manual provides cost factors, nomographs and guidelines for estimating the economic effects of highway and bus-transit improvements on highway and transit users. It is intended to replace the 1960 AASHTO report "Road User Benefit Analyses for Highway Improvements." This manual presents all of the information needed for economic analysis of most types of highway and bus-transit improvements, including curve elimination, widening or adding lanes, reducing gradients, new road construction, intersection controls, dedication of lanes for buses and changes in bus routes or schedules. However, the manual user must first supply physical and financial data on the improvement and estimate its effect on highway capacity and traffic, transit patronage, miles of bus travel and average bus service speed.

Cost-Benefit Analysis

Author : Harry F. Campbell
Publisher : Routledge
ISBN 13 : 1317535685
Total Pages : 459 pages
Book Rating : 4.3/5 (175 download)

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Book Synopsis Cost-Benefit Analysis by : Harry F. Campbell

Download or read book Cost-Benefit Analysis written by Harry F. Campbell and published by Routledge. This book was released on 2015-07-30 with total page 459 pages. Available in PDF, EPUB and Kindle. Book excerpt: A social cost-benefit analysis of a proposed publicly funded project, or public policy change, may be commissioned by a municipal, state or federal government, by a government aid agency, or by an international. Proponents of a private project which has significant social impacts may also commission an economic analysis of this type. The key economic questions of any social cost-benefit analysis are: do the benefits of the project exceed the costs, no matter how widely costs and benefits are spread? And which group or groups of individuals benefit and which bear the costs? This book addresses these questions with an emphasis on putting the theory into practice. The book has several unique features: readers are encouraged to develop their own skills by applying the tools and techniques of cost-benefit analysis to case studies including a project which is developed through the book; the use of spreadsheets is emphasised which is invaluable in allowing readers to test variables and cross-check the accuracy of their economic appraisal; and a dedicated chapter provides guidance on writing up a report which completes the analysis. An appendix lists additional case studies which can be developed in class or as additional projects. Each chapter contains exercises and suggestions for further reading. This book is an ideal text for a course on cost-benefit analysis where the emphasis is on practical applications and teaching students to conduct their own analysis. The book's companion website can be found at: http://uq.edu.au/economics/sites/bca/.

2015 Status of the Nation's Highways, Bridges, and Transit Conditions and Performance Report to Congress

Author : Federal Highway Administration (U S )
Publisher : Government Printing Office
ISBN 13 : 9780160937064
Total Pages : 544 pages
Book Rating : 4.9/5 (37 download)

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Book Synopsis 2015 Status of the Nation's Highways, Bridges, and Transit Conditions and Performance Report to Congress by : Federal Highway Administration (U S )

Download or read book 2015 Status of the Nation's Highways, Bridges, and Transit Conditions and Performance Report to Congress written by Federal Highway Administration (U S ) and published by Government Printing Office. This book was released on 2017-04 with total page 544 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication is intended to provide decision makers with an objective appraisal of the physical conditions, operational performance, and financing mechanisms of highways, bridges, and transit systems based on both their current state and their projected future state under a set of alternative future investment scenarios.